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

Signature
/s/ Ian Jenks, attorney-in-fact for Simon Ogier
Issuer symbol
SMTK
Transactions as of
28 May 2025
Net transactions value
$0
Form type
4
Filing time
28 May 2025, 21:00:21 UTC
Previous filing
17 Jun 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ogier Simon Chief Technology Officer C/O SMARTKEM, MANCHESTER TECHNOLOGY CTR, HEXAGON TOWER DELAUNAYS ROAD, BLACKLEY, MANCHESTER, UNITED KINGDOM /s/ Ian Jenks, attorney-in-fact for Simon Ogier 28 May 2025 0001846145

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 +77,656 $0.000000 77,656 28 May 2025 Common Stock 77,656 $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.