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

Signature
/s/ Susan M. Villare
Stock symbol
MRMD
Transactions as of
May 12, 2022
Transactions value $
$0
Form type
3
Date filed
5/18/2022, 04:06 PM
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MRMD Common Stock 350K May 12, 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 May 12, 2022 Common Stock, par value $.001 per share 400K $0.64 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.