Jon R. Levine - 29 Nov 2024 Form 4 Insider Report for MARIMED INC. (MRMD)

Signature
/s/ Jon R. Levine
Issuer symbol
MRMD
Transactions as of
29 Nov 2024
Net transactions value
$0
Form type
4
Filing time
02 Dec 2024, 17:03:45 UTC
Previous filing
08 Nov 2024
Next filing
11 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MRMD Common stock 20,538,461 29 Nov 2024 Direct
holding MRMD Common stock 6,684,640 29 Nov 2024 By the Jon Levine Family Trust 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 +281,250 $0.000000 281,250 29 Nov 2024 Common Stock, par value $.001 per share 281,250 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held in trust for the benefit of the reporting person's spouse and children. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F2 RSUs convert to shares of common stock on a one-for-one basis.
F3 The RSUs will vest over a three-year period as follows: one-third (1/3) will vest on the first anniversary of the date of grant and one-sixth (1/6) will vest every six months thereafter for the following two years in accordance with the terms of an award agreement between the Issuer and the Reporting Person.