---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-042513"
form_type: "8-K"
ticker: "LGMK"
cik: "0001566826"
company_name: "LogicMark, Inc."
filed_at: "2021-08-13T23:59:59+00:00"
generated_at: "2026-06-29T11:22:09.946471+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nxt-ID settles Series C preferred dividend dispute for $750k; Chairman Vincent Miceli resigns

## Summary
- Settlement with Giesecke+Devrient Mobile Security America for $750,000 resolves all claims over unpaid Series C preferred dividends and related litigation.
- Payment terms: $250,000 due within 2 business days; remaining $500,000 in monthly installments through Nov 30, 2021, guaranteed by LogicMark.
- Vincent Miceli resigned as director and Chairman effective Aug 9, 2021; entered consulting agreement with semi-monthly cash of ~$19,000 plus benefits and accelerated vesting of 50,000 shares.
- Miceli agreed to vote his shares in favor of a reverse stock split proposal at the upcoming special meeting.
- Future quarterly dividends on Series C preferred remain at 15% rate ($75,000 per quarter) per settlement terms.

## SEC filing metadata
- accession: 0001213900-21-042513
- form_type: 8-K
- ticker: LGMK
- cik: 0001566826
- company_name: LogicMark, Inc.
- filed_at: 2021-08-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 5.02, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1566826/000121390021042513/0001213900-21-042513-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1566826/000121390021042513/ea145816-8k_nxtidinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-042513
- JSON: https://secwatch.observer/filing/0001213900-21-042513.json
- Plain text: https://secwatch.observer/filing/0001213900-21-042513.txt

## Key facts
- Executive change
  Vincent S. Miceli resigned as Director and Chairman at LogicMark, Inc..
  - Action: resigned
  - Role: Director and Chairman
  source text: On August 9, 2021, Vincent S. Miceli notified the Company of his decision to resign from the Company’s board of directors (the “Board”) and as Chairman of the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1566826/000121390021042513/0001213900-21-042513-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.