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

Role
Chairman & CEO, Director
Signature
/s/ Ian Jenks
Issuer symbol
SMTK
Transactions as of
14 Jun 2024
Net transactions value
$0
Form type
4
Filing time
17 Jun 2024, 17:05:11 UTC
Previous filing
13 Feb 2024
Next filing
28 May 2025
SEC
View on sec.gov

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 +165,000 $0.000000 165,000 14 Jun 2024 Common Stock 165,000 $6.50 Direct F1
transaction SMTK Employee stock option (Right to Buy) Award $0 +16,000 $0.000000 16,000 14 Jun 2024 Common Stock 16,000 $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.