SmartKem Executive Team Awarded Stock Options in Equity Plan

An update from SmartKem (SMTK) is now available.

SmartKem, Inc. has awarded significant stock options to its executive officers as part of an equity compensation plan. CEO Ian Jenks received options for 181,000 shares, CFO Barbra Keck for 100,000 shares, CTO Simon Ogier for 49,000 shares, and Chief Scientist Beverley Brown also for 49,000 shares. The options, priced at $6.50 in line with the stock’s closing price on the grant date, vest over three years, with a 25% immediate vesting for most and full immediate vesting for a portion of Jenks’s grant.

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