David R. Allen - Oct 27, 2022 Form 4 Insider Report for MARIMED INC. (MRMD)

Role
Director
Signature
/s/ David R. Allen
Stock symbol
MRMD
Transactions as of
Oct 27, 2022
Transactions value $
$0
Form type
4
Date filed
10/31/2022, 05:23 PM
Previous filing
Oct 14, 2021
Next filing
May 1, 2023

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 +33.3K $0.00 33.3K Oct 27, 2022 Common Stock, par value $.001 per share 33.3K Direct F1, F2
holding MRMD Option to buy common stock 100K Oct 27, 2022 Common Stock, par value $.001 per share 100K $0.88 Direct F3
holding MRMD Option to buy common stock 100K Oct 27, 2022 Common Stock, par value $.001 per share 100K $0.99 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The RSUs fully vest on the six-month anniversary of the October 27, 2022 grant date, in accordance with the terms of an award agreement between the Issuer and the Reporting Person.
F3 Immediately.