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Form 3 MARIZYME INC For: Feb 22 Filed by: Dhaduk Vithalbhai D

March 17, 2021 10:45 AM EDT
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Dhaduk Vithalbhai D

(Last) (First) (Middle)
555 HERITAGE DRIVE, SUITE 205

(Street)
JUPITER FL 33458

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/22/2021
3. Issuer Name and Ticker or Trading Symbol
MARIZYME INC [ MRZM ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock (1) 8,840,680
I
Immediate family
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants (1) 07/31/2020 07/30/2025 Common Stock 2,648,844 5 I Immediate family
Options (2) 03/04/2024 03/04/2031 Common Stock 125,000 1.25 D  
Explanation of Responses:
1. Common stock and warrants received as part of Marizyme, Inc. asset purchase agreement with Somahlution, LLC.
2. Consists of 125,000 options for common stock granted to the reporting person for services as a director for the Company. The options vest quarterly in equal installments starting March 5, 2021.
/s/ Vithalbhai D. Dhaduk 03/17/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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