Robert N. Fireman - 01 Oct 2021 Form 4 Insider Report for MARIMED INC. (MRMD)

Role
President and CEO, Director
Signature
/s/Robert N. Fireman
Issuer symbol
MRMD
Transactions as of
01 Oct 2021
Transactions value $
$0
Form type
4
Filing time
05 Oct 2021, 16:05:37 UTC
Previous filing
13 Jul 2021
Next filing
14 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MRMD Common stock 23.6M 01 Oct 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MRMD Option to buy common stock Award +5M 5M 01 Oct 2021 Common Stock, par value $.001 per share 5M $0.90 Direct F2, F3
holding MRMD Option to buy common stock 5M 01 Oct 2021 Common Stock, par value $.001 per share 5M $0.88 Direct F4
holding MRMD Option to buy common stock 100K 01 Oct 2021 Common Stock, par value $.001 per share 100K $0.63 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 6,684,640 shares of common stock held in the name of the RNF Holdings Trust.
F2 Granted to the reporting person effective as of October 1, 2021 (the "Grant Date"), this option is exercisable to acquire 50% of the underlying shares on the Grant Date and 100% of the shares on or after the one-year anniversary of the Grant Date.
F3 Not applicable.
F4 Exercisable to acquire 50% of the underlying shares on July 9, 2021 and 100% of the shares on or after July 9, 2022.
F5 Immediately.