Edward J. Gildea - 06 Jun 2024 Form 4 Insider Report for MARIMED INC. (MRMD)

Role
Director
Signature
/s/ Edward Gildea
Issuer symbol
MRMD
Transactions as of
06 Jun 2024
Net transactions value
$0
Form type
4
Filing time
10 Jun 2024, 17:04:30 UTC
Previous filing
08 Jun 2023
Next filing
19 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRMD Common stock Options Exercise $0 +75,000 +29% $0.000000 337,724 08 Jun 2024 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) Award $0 +75,000 $0.000000 75,000 06 Jun 2024 Common Stock, par value $.001 per share 75,000 Direct F1, F2
transaction MRMD Restricted Stock Units (RSU) Options Exercise $0 -75,000 -100% $0.000000* 0 08 Jun 2024 Common Stock, par value $.001 per share 75,000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs convert to shares of common stock on a one-for-one basis.
F2 The RSUs vest fully on the one-year anniversary of the June 6, 2024 grant date, in accordance with the terms of an award agreement between the Issuer and the Reporting Person.
F3 The RSUs vested fully on the one-year anniversary of the June 8, 2023 grant date, in accordance with the terms of an award agreement between the Issuer and the Reporting Person.