Beverley Brown - Jul 8, 2022 Form 4 Insider Report for SmartKem, Inc. (SMTK)

Role
Chief Scientist
Signature
/s/ Robert Bahns, attorney-in-fact for Beverley Brown
Stock symbol
SMTK
Transactions as of
Jul 8, 2022
Transactions value $
$0
Form type
4
Date filed
7/12/2022, 09:16 AM
Previous filing
Apr 11, 2022
Next filing
Feb 2, 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 Stock option (right to buy) Award $0 +45K $0.00 45K Jul 8, 2022 Common Stock 45K $2.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option award was made in accordance with the terms of the Issuer's 2021 Equity Incentive Plan. The option vests as to 25% of the shares on July 8, 2023 with the remaining shares to vest in (i) monthly installments of 937 shares over a period of 35 months commencing on August 1, 2023 and (ii) one installment of 955 shares on August 1, 2026.