Ian Jenks - Jun 14, 2024 Form 4 Insider Report for SmartKem, Inc. (SMTK)

Role
Chairman & CEO, Director
Signature
/s/ Ian Jenks
Stock symbol
SMTK
Transactions as of
Jun 14, 2024
Transactions value $
$0
Form type
4
Date filed
6/17/2024, 05:05 PM
Previous filing
Feb 13, 2024

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 SMTK Employee stock option (Right to Buy) Award $0 +165K $0.00 165K Jun 14, 2024 Common Stock 165K $6.50 Direct F1
transaction SMTK Employee stock option (Right to Buy) Award $0 +16K $0.00 16K Jun 14, 2024 Common Stock 16K $6.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vested as to 25% upon date of grant with the remaining shares to vest in equal monthly installments over a period of 36 months commencing on July 14, 2024.
F2 The options vested as to 100% upon date of grant.