Robert N. Fireman - 28 Dec 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
28 Dec 2021
Transactions value $
-$2,554
Form type
4
Filing time
14 Jan 2022, 15:18:01 UTC
Previous filing
05 Oct 2021
Next filing
31 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRMD Common stock Options Exercise $63K +100K +0.42% $0.63 23.7M 28 Dec 2021 Direct F1
transaction MRMD Common stock Tax liability -$65.6K -76.2K -0.32% $0.86 23.6M 28 Dec 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 Options Exercise $0 -100K -100% $0.00* 0 28 Dec 2021 Common Stock, par value $.001 per share 100K $0.63 Direct F2
holding MRMD Option to buy common stock 5M 28 Dec 2021 Common Stock, par value $.001 per share 5M $0.90 Direct F2
holding MRMD Option to buy common stock 5M 28 Dec 2021 Common Stock, par value $.001 per share 5M $0.88 Direct F3
* 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 Immediately.
F3 Exercisable to acquire 50% of the underlying shares on July 9, 2021 and 100% of the shares on or after July 9, 2022.