Georgiy Kovalyov Form 3 MARIZYME / Georgiy Kovalyov ownership change

SEC Form 3

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^*

Kovalyov Georgiy

(Last) (First) (Middle)

C/O MARIZYME, INC., 555 HERITAGE DRIVE

(Street)

JUPITER, FL 33458

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/21/2021

3. Issuer Name and Ticker or Trading Symbol
MARIZYME INC [ MRZM ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Financial Officer

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	175,000(1)	I	By AAT Services Inc.

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
Consultant Stock Option (Right to Buy)	(2)	12/21/2031	Common Stock	200,000	1.75	I	By AAT Services Inc.
Warrants (Right to Buy)	12/21/2021	12/21/2026	Common Stock	100,000	1.26	I	By AAT Services Inc.

Explanation of Responses:

1. Restricted shares of common stock of the issuer (the "Restricted Shares"), subject to the following milestone vesting schedule: (a) 75,000 Restricted Shares will vest upon the issuer successfully listing its common stock on NASDAQ or the NYSE; 50,000 Restricted Shares will vest upon any issuer financing after January 1, 2022 of debt or equity in which the gross proceeds equal or exceed $5,000,000; (c) 25,000 Restricted Shares will vest upon the completion of valuation reports for both Somahlution LLC and Health Logic Interactive Inc.; and (d) 25,000 Restricted Shares will vest upon a material commercial partnership for the issuer's MATLOC product.

2. Vests monthly over two years following the date of grant on December 21, 2021.

	/s/ Georgiy (George) Kovalyov	01/13/2022
	** 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 5 (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).
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