Edward J. Gildea - 27 Apr 2023 Form 4 Insider Report for MARIMED INC. (MRMD)

Role
Director
Signature
/s/ Edward Gildea
Issuer symbol
MRMD
Transactions as of
27 Apr 2023
Net transactions value
$0
Form type
4
Filing time
01 May 2023, 17:14:34 UTC
Previous filing
31 Oct 2022
Next filing
08 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRMD Common stock Options Exercise +33,333 +15% 262,724 27 Apr 2023 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) Options Exercise $0 +33,333 $0.000000* 0 27 Apr 2023 Common Stock, par value $.001 per share 33,333 Direct F1, F2
holding MRMD Option to buy common stock 100,000 27 Apr 2023 Common Stock, par value $.001 per share 100,000 $0.8800 Direct F3
holding MRMD Option to buy common stock 100,000 27 Apr 2023 Common Stock, par value $.001 per share 100,000 $0.9922 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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