Robert N. Fireman - 27 Oct 2022 Form 4 Insider Report for MARIMED INC. (MRMD)

Role
President and CEO, Director
Signature
/s/ Robert N. Fireman
Issuer symbol
MRMD
Transactions as of
27 Oct 2022
Transactions value $
$0
Form type
4
Filing time
31 Oct 2022, 17:20:59 UTC
Previous 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 23,581,962 27 Oct 2022 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 Restricted Stock Units (RSU) Award $0 +833,333 $0 833,333 27 Oct 2022 Common Stock, par value $.001 per share 833,333 Direct F2, F3
holding MRMD Option to buy common stock 5,000,000 27 Oct 2022 Common Stock, par value $.001 per share 5,000,000 $0.898 Direct F4
holding MRMD Option to buy common stock 5,000,000 27 Oct 2022 Common Stock, par value $.001 per share 5,000,000 $0.88 Direct F4
* 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 The RSUs were granted to the Reporting Person in accordance with Rule 16b-3(d) of the Securities Exchange Act of 1934, as amended. Each RSU represents a contingent right to receive one share of the Issuer's common stock. RSUs convert to common stock on a one-for-one basis.
F3 The RSUs vest over a three year period in equal one-sixth installments every six months following the October 27, 2022 grant date, in accordance with the terms of an award agreement between the Issuer and the Reporting Person.
F4 Immediately.