Simon Ogier - 31 Mar 2021 Form 4/A - Amendment Insider Report for SmartKem, Inc. (SMTK)

Role
Chief Technology Officer
Signature
/s/ Robert Bahns, attorney-in-fact for Simon Ogier
Issuer symbol
SMTK
Transactions as of
31 Mar 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
11 Apr 2022, 16:59:50 UTC
Date Of Original Report
02 Apr 2021
Next filing
12 Jul 2022
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 Stock option (right to buy) Award $0 +186,602 $0.000000 186,602 31 Mar 2021 Common Stock 186,602 $2.00 Direct F1, F2
* 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 UK Tax-Advantaged Sub-Plan. The option vests as to 25% of the shares on March 31, 2022 with the remaining shares to vest in (i) monthly installments of 3,887 shares over a period of 35 months commencing on April 1, 2022 and (ii) one installment of 3,907 shares on April 1, 2025.
F2 The original Form 4 filed by the Reporting Person on April 2, 2021 incorrectly reported that the option vests as to 25% of the shares on March 31, 2022 with the remaining shares to vest in equal monthly installments over a period of 36 months commencing on April 30, 2022.