Filing Details

Accession Number:
0001493152-19-018375
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-11-25 16:56:52
Reporting Period:
2016-01-01
Accepted Time:
2019-11-25 16:56:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1522767 Marimed Inc. MRMD Services-Computer Processing & Data Preparation (7374) 274672745
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1789645 R Jon Levine C/O Marimed Inc.
10 Oceana Way
Norwood, MA 02062
Cfo, Treasurer And Secretary Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-06-30 14,807,500 $0.00 19,635,343 No 4 P Direct
Common Stock Acquisiton 2017-06-30 4,687,500 $0.00 6,684,640 No 4 P Indirect By the Jon Levine Family Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect By the Jon Levine Family Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $.001 Per Share Option to buy common stock Acquisiton 2016-01-01 350,000 $0.00 350,000 $0.14
Common Stock, Par Value $.001 Per Share Option to buy common stock Acquisiton 2017-01-01 100,000 $0.00 100,000 $0.63
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
350,000 2020-12-31 No 4 A Direct
100,000 2021-12-31 No 4 A Direct
Footnotes
  1. The reporting person acquired the common stock in exchange for his ownership interest in MariMed Advisors Inc., a subsidiary of the issuer, having an estimated market value of approximately $3,702,000.
  2. Immediately.
  3. Not applicable.
  4. The common stock was acquired in exchange for the trust's ownership interest in MariMed Advisors Inc., a subsidiary of the issuer, having an estimated market value of approximately $1,172,000.
  5. 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.