Chia-Lin Simmons - Jun 14, 2021 Form 4 Insider Report for Nxt-ID, Inc. (LGMK)

Signature
/s/ Chia-Lin Simmons
Stock symbol
LGMK
Transactions as of
Jun 14, 2021
Transactions value $
$0
Form type
4
Date filed
6/23/2021, 06:18 PM
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGMK Common Stock Award $0 +2.67M $0.00 2.67M Jun 14, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted 2,665,595 shares (the "Shares") of common stock, par value $0.0001 per share, of the issuer, which were issued in accordance with Nasdaq Listing Rule 5635(c)(4) outside of the issuer's 2017 Stock Incentive Plan and 2013 Long-Term Stock Incentive Plan. The Shares are subject to vesting over a period of 48 months commencing on June 14, 2021, with 1/4 of the Shares to vest on June 14, 2022, and thereafter, 1/36 of the Shares to vest on the first day of each subsequent month until all such Shares have vested.