Mario Pinho - 18 Feb 2025 Form 4 Insider Report for MARIMED INC. (MRMD)

Role
Chief Financial Officer
Signature
/s/ Mario Pinho
Issuer symbol
MRMD
Transactions as of
18 Feb 2025
Net transactions value
$0
Form type
4
Filing time
20 Feb 2025, 17:04:59 UTC
Previous filing
15 Aug 2024
Next filing
31 Mar 2025
SEC
View on sec.gov

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 +214,286 $0.000000 214,286 18 Feb 2025 Common Stock, par value $.001 per share 214,286 Direct F1, F2
* 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 will vest as follows: one-fourth (1/4) will vest on March 31, 2025 and one-fourth (1/4) will vest every three months thereafter for the following nine months in accordance with the terms of an award agreement between the Issuer and the Reporting Person.