Steven DenBaars - 28 May 2025 Form 4 Insider Report for SmartKem, Inc. (SMTK)

Role
Director
Signature
/s/ Ian Jenks, attorney-in-fact for Steven Denbaars
Issuer symbol
SMTK
Transactions as of
28 May 2025
Net transactions value
$0
Form type
4
Filing time
28 May 2025, 21:00:16 UTC
Previous filing
23 May 2025
Next filing
12 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Denbaars Steven Director C/O SMARTKEM, MANCHESTER TECHNOLOGY CTR, HEXAGON TOWER DELAUNAYS ROAD, BLACKLEY, MANCHESTER, UNITED KINGDOM /s/ Ian Jenks, attorney-in-fact for Steven Denbaars 28 May 2025 0001700533

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 +23,915 $0.000000 23,915 28 May 2025 Common Stock 23,915 $2.51 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option grant was approved by the Compensation Committee of SmartKem, Inc.'s (the "Company") board of directors on April 15, 2025, subject to stockholder approval of an Amendment to the SmartKem, Inc. 2021 Equity Incentive Plan (the "Amendment"). The Company's stockholders approved the Amendment on May 28, 2025.
F2 The option vests as follows: 25% on the date of grant with the remaining shares to vest in equal monthly installments over a period of 36 months commencing on May 15, 2025 and on the 15th date of each month thereafter.