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
Net 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 23,555,218 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 +5,000,000 5,000,000 01 Oct 2021 Common Stock, par value $.001 per share 5,000,000 $0.8980 Direct F2, F3
holding MRMD Option to buy common stock 5,000,000 01 Oct 2021 Common Stock, par value $.001 per share 5,000,000 $0.8800 Direct F4
holding MRMD Option to buy common stock 100,000 01 Oct 2021 Common Stock, par value $.001 per share 100,000 $0.6300 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.