Fötus: there is no way to do something with "SGX Out of mem event". just disable gles ;-)
what's up with your memcards? according to log emu can't create it (you should create .pcsx/memcards folder and set right permissions\ownership to it)

you can enable gles for GUI by editing file
/home/user/.config/Team16/psx4m/[game name]
pcsx-hwa=0 to pcsx-hwa=1
because it's very unstable i wouldn't unlock this option in GUI