Susan M. Villare - 12 May 2022 Form 3 Insider Report for MARIMED INC. (MRMD)

Role: Chief Financial Officer
Signature: /s/ Susan M. Villare
Issuer symbol: MRMD
Transactions as of: 12 May 2022
Net transactions value: $0
Form type: 3
Filing time: 18 May 2022, 16:06:14 UTC
Next filing: 14 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MRMD	Common Stock						350,000	12 May 2022	Direct

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
holding	MRMD	Option to buy common stock							12 May 2022	Common Stock, par value $.001 per share	400,000	$0.6400	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Granted to the reporting person on May 2, 2022 (the "Grant Date"), this option is exercisable to acquire 100,000 of the underlying shares on the six (6) month anniversary of the Grant Date (the "Initial Vesting Date") and for an additional 100,000 shares on the last day of every succeeding six (6) month period after the Initial Vesting Date until the option is fully vested.