SEC Filing Summary
John Pettitt, former director of LogicMark, Inc., reported a transaction on October 13, 2026, related to the company's merger. In this transaction, all outstanding stock options were vested, and the underlying common stock was canceled and converted into the right to receive cash. The cash amount was calculated based on the difference between $1.31 and the stock option's exercise price, multiplied by the number of shares subject to the option. Options with an exercise price of $1.31 or higher were canceled without any value. This filing indicates a significant change due to the merger, resulting in the conversion of stock options into cash payments for the former director. All previously held shares and options were settled, with zero shares remaining post-transaction.