Mario Pinho - 30 Mar 2025 Form 4 Insider Report for MARIMED INC. (MRMD)

Role
Chief Financial Officer
Signature
/s/ Mario Pinho
Issuer symbol
MRMD
Transactions as of
30 Mar 2025
Net transactions value
-$1,797
Form type
4
Filing time
31 Mar 2025, 17:11:28 UTC
Previous filing
20 Feb 2025
Next filing
12 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRMD Common Stock, par value $.001 per share Options Exercise $0 +53,572 $0.000000 53,572 30 Mar 2025 Direct F1
transaction MRMD Common Stock, par value $.001 per share Tax liability $1,797 -18,563 -35% $0.0968 35,009 30 Mar 2025 Direct F2

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 +53,572 +50% $0.000000 160,714 30 Mar 2025 Common Stock, par value $.001 per share 53,572 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 Reflects shares of common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
F3 The RSUs were granted on February 18, 2025 and vested one-fourth (1/4) on March 30, 2025 and vest one-fourth (1/4) 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.