4//SEC Filing
Villare Susan M. 4
Accession 0001522767-23-000036
CIK 0001522767other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 4:42 PM ET
Size
8.1 KB
Accession
0001522767-23-000036
Insider Transaction Report
Form 4
MARIMED INC.MRMD
Villare Susan M.
Chief Financial Officer
Transactions
- Award
Restricted Stock Units (RSU)
2023-03-07+60,000→ 60,000 total→ Common Stock, par value $.001 per share (60,000 underlying)
Holdings
- 350,000
Common stock
- 400,000
Option to buy common stock
Exercise: $0.64Exp: 2027-05-02→ Common Stock, par value $.001 per share (400,000 underlying)
Footnotes (3)
- [F1]The RSUs were granted to the Reporting Person in accordance with Rule 16b-3(d) of the Securities Exchange Act of 1934, as amended. Each RSU represents a contingent right to receive one share of the Issuers common stock RSUs convert to common stock on a one-for-one basis.
- [F2]The RSUs vest over a three year period of which 20,000 RSUs will vest on March 7, 2024 and thereafter, 10,000 RSUs will vest every succeeding six (6) months through March 7, 2026, on each of September 7th and March 7th, in accordance with the terms of an award agreement between the Issuer and the Reporting Person.
- [F3]Granted to the Reporting Person on May 2, 2022 (the "Grant Date"), this option is exercisable to acquire 100,000 of the underlying shares on the six (6) month anniversary of the Grant Date (the "Initial Vesting Date") and for an additional 100,000 shares on the last day of every succeeding six (6) month period after the Initial Vesting Date until the option is fully vested.
Documents
Issuer
MARIMED INC.
CIK 0001522767
Entity typeother
Related Parties
1- filerCIK 0001677293
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 4:42 PM ET
- Size
- 8.1 KB