Barbra Keck - Dec 20, 2022 Form 4 Insider Report for SmartKem, Inc. (SMTK)

Role
Chief Financial Officer, Director
Signature
/s/ Barbra Keck
Stock symbol
SMTK
Transactions as of
Dec 20, 2022
Transactions value $
$0
Form type
4
Date filed
12/20/2022, 03:05 PM
Previous filing
Jul 12, 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 +450K $0.00 450K Dec 20, 2022 Common Stock 450K $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 1/3 of the shares on December 14, 2023 with the remaining shares to vest in equal monthly installments over a period of 24 months commencing January 14, 2024.