SMTK

SEC source: 0000905718-21-000529 · smartkem_fm4mar312021.xml · derivative · entry 1

Jenks Ian · CIK 0001846030 · Director · Chairman & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 597,125

Underlying: Common Stock · 597,125 shares

Expires 2031-03-31

F1 · derivative.exercise_date: The option award was made in accordance with the terms of the Issuer's 2021 Equity Incentive Plan. 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.

SEC source: 0000905718-21-000525 · smartkem_fm4mar312021.xml · derivative · entry 1

Ogier Simon · CIK 0001846145 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 186,602

Underlying: Common Stock · 186,602 shares

Expires 2031-03-31

F1 · derivative.exercise_date: 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 equal monthly installments over a period of 36 months commencing on April 30, 2022.

SEC source: 0000905718-21-000523 · smartkem_fm4mar312021.xml · derivative · entry 1

Keck Barbra · CIK 0001464238 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,000

Underlying: Common Stock · 18,000 shares

Expires 2031-03-31

F1 · derivative.exercise_date: The option award was made in accordance with the terms of the Issuer's 2021 Equity Incentive Plan. 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.

SEC source: 0000905718-21-000521 · smartkem_fm4mar312021.xml · derivative · entry 1

de Boer Klaas · CIK 0001845960 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,000

Underlying: Common Stock · 18,000 shares

Expires 2031-03-31

F1 · derivative.exercise_date: The option award was made in accordance with the terms of the Issuer's 2021 Equity Incentive Plan. 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.

SEC source: 0000905718-22-000590 · smartkem_fm4amapr22021.xml · derivative · entry 1

Bahns Robert · CIK 0001845541 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 137,648

Underlying: Common Stock · 137,648 shares

Expires 2031-03-31

F1 · derivative.exercise_date: 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 2,867 shares over a period of 35 months commencing on April 1, 2022 and (ii) one installment of 2,891 shares on April 1, 2025.

F2 · derivative.exercise_date: 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.

SEC source: 0000905718-22-000588 · smartkem_fm4amapr22021.xml · derivative · entry 1

de Boer Klaas · CIK 0001845960 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,000

Underlying: Common Stock · 18,000 shares

Expires 2031-03-31

F1 · derivative.exercise_date: The option award was made in accordance with the terms of the Issuer's 2021 Equity Incentive Plan. 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 1, 2022.

F2 · derivative.exercise_date: 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.

SEC source: 0000905718-22-000586 · smartkem_fm4amapr22021.xml · derivative · entry 1

Jenks Ian · CIK 0001846030 · Director · Chairman & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 597,125

Underlying: Common Stock · 597,125 shares

Expires 2031-03-31

F1 · derivative.exercise_date: The option award was made in accordance with the terms of the Issuer's 2021 Equity Incentive 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 12,440 shares over a period of 35 months commencing on April 1, 2022 and (ii) one installment of 12,444 shares on April 1, 2025.

F2 · derivative.exercise_date: 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.

SEC source: 0000905718-22-000582 · smartkem_fm4amapr22021.xml · derivative · entry 1

Keck Barbra · CIK 0001464238 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,000

Underlying: Common Stock · 18,000 shares

Expires 2031-03-31

F1 · derivative.exercise_date: The option award was made in accordance with the terms of the Issuer's 2021 Equity Incentive Plan. 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 1, 2022.

F2 · derivative.exercise_date: 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.

SEC source: 0000905718-22-000584 · smartkem_fm4amapr22021.xml · derivative · entry 1

Brown Beverley · CIK 0001846306 · Chief Scientist

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 186,601

Underlying: Common Stock · 186,601 shares

Expires 2031-03-31

F1 · derivative.exercise_date: The option award was made in accordance with the terms of the Issuer's 2021 Equity Incentive 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 3,906 shares on April 1, 2025.

F2 · derivative.exercise_date: 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.

SEC source: 0000905718-22-000580 · smartkem_fm4amapr22021.xml · derivative · entry 1

Ogier Simon · CIK 0001846145 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 186,602

Underlying: Common Stock · 186,602 shares

Expires 2031-03-31

F1 · derivative.exercise_date: 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 · derivative.exercise_date: 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.

SEC source: 0001104659-21-027366 · tm217317d11_4.xml · nonDerivative · entry 1

Bahns Robert · CIK 0001845541 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,852

F1 · kind: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, the reporting person exchanged all of their SmartKem Limited shares for 118,852 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

F1 · shares: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, the reporting person exchanged all of their SmartKem Limited shares for 118,852 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

F1 · price: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, the reporting person exchanged all of their SmartKem Limited shares for 118,852 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

SEC source: 0001104659-21-027373 · tm217317d13_4.xml · nonDerivative · entry 2

King Simon P. · CIK 0001845759 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Octopus Investments Nominees Limited

Disclosed balance after: 46,096

F1 · kind: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, Octopus Titan VCT Plc and Octopus Investments Nominees Limited exchanged all of their SmartKem Limited shares for 6,429,932 and 46,096 shares of common stock, respectively, of Parasol Investments Corporation, now known as SmartKem, Inc.

F1 · price: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, Octopus Titan VCT Plc and Octopus Investments Nominees Limited exchanged all of their SmartKem Limited shares for 6,429,932 and 46,096 shares of common stock, respectively, of Parasol Investments Corporation, now known as SmartKem, Inc.

F3 · ownership.nature: Reporting person is a partner of Octopus Investments Limited, which is the manager of Octopus Investments Nominees Limited. Through his position with Octopus Investments Limited, the reporting person is deemed to control the voting and disposition of the shares of the common stock held by the Octopus Investments Nominees Limited. The reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the reporting person, Octopus Investments Nominees Limited or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0001104659-21-027373 · tm217317d13_4.xml · nonDerivative · entry 1

King Simon P. · CIK 0001845759 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Octopus Titan VCT Plc

Disclosed balance after: 6,429,932

F1 · kind: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, Octopus Titan VCT Plc and Octopus Investments Nominees Limited exchanged all of their SmartKem Limited shares for 6,429,932 and 46,096 shares of common stock, respectively, of Parasol Investments Corporation, now known as SmartKem, Inc.

F1 · price: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, Octopus Titan VCT Plc and Octopus Investments Nominees Limited exchanged all of their SmartKem Limited shares for 6,429,932 and 46,096 shares of common stock, respectively, of Parasol Investments Corporation, now known as SmartKem, Inc.

F2 · ownership.nature: Reporting person is a partner of Octopus Investments Limited, which is the manager of Octopus Titan VCT Plc. Through his position with Octopus Investments Limited, the reporting person is deemed to control the voting and disposition of the shares of the common stock held by the Octopus Titan VCT Plc. The reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the reporting person, Octopus Titan VCT Plc or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0001104659-21-027370 · tm217317d12_4.xml · derivative · entry 2

Brown Beverley · CIK 0001846306 · Chief Scientist

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 178,086

Underlying: Common Stock · 178,086 shares

Expires 2031-02-23

F2 · derivative.expiration_date: The options vest immediately upon grant. The options are subject to forfeiture if the reporting person ceases to provide services to SmartKem, Inc. or any subsidiary. Upon such event, the options will terminate ninety (90) days following such termination or twelve (12) months following such termination if such termination is due to the death or disability of the reporting person.

SEC source: 0001104659-21-027370 · tm217317d12_4.xml · nonDerivative · entry 1

Brown Beverley · CIK 0001846306 · Chief Scientist

10b5-1 filing: Not disclosed

Ownership: Indirect · By B Brown Consultants Ltd

Disclosed balance after: 20,002

F1 · kind: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, B Brown Consultants Ltd exchanged all of their SmartKem Limited shares for 20,002 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

F1 · price: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, B Brown Consultants Ltd exchanged all of their SmartKem Limited shares for 20,002 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

SEC source: 0001104659-21-027362 · tm217317d10_4.xml · nonDerivative · entry 1

Jenks Ian · CIK 0001846030 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 633,880

F1 · kind: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, the reporting person exchanged all of their SmartKem Limited shares for 633,880 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

F1 · shares: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, the reporting person exchanged all of their SmartKem Limited shares for 633,880 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

F1 · price: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, the reporting person exchanged all of their SmartKem Limited shares for 633,880 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

SEC source: 0001104659-21-027356 · tm217317d9_4.xml · nonDerivative · entry 1

Ogier Simon · CIK 0001846145 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 198,087

F1 · kind: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, the reporting person exchanged all of their SmartKem Limited shares for 198,087 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

F1 · shares: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, the reporting person exchanged all of their SmartKem Limited shares for 198,087 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

F1 · price: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, the reporting person exchanged all of their SmartKem Limited shares for 198,087 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

SEC source: 0001104659-21-027350 · tm217317d8_4.xml · nonDerivative · entry 2

de Boer Klaas · CIK 0001845960 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Entrepreneurs Fund LP

Disclosed balance after: 3,585,252

F1 · kind: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, Entrepreneurs Fund LP exchanged all of their SmartKem Limited shares for 3,585,252 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

F1 · price: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, Entrepreneurs Fund LP exchanged all of their SmartKem Limited shares for 3,585,252 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

F2 · ownership.nature: Reporting person is the managing partner of Entrepreneurs Fund Management LLP, which may be deemed to have voting and investment power with respect to the securities held by the Entrepreneurs Fund LP, as Entrepreneurs Fund Management LLP is an advisor to Entrepreneurs Fund General Partner Limited which is the general partner of Entrepreneurs Fund LP. Reporting Person is involved with approving investment and voting recommendations to the general partner. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the reporting person, Entrepreneurs Fund LP or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0001104659-21-027350 · tm217317d8_4.xml · nonDerivative · entry 1

de Boer Klaas · CIK 0001845960 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By spouse

Disclosed balance after: 200,000

SEC source: 0001104659-21-028487 · tm217635-2_4seq1.xml · nonDerivative · entry 1

Tompkins Mark N. · CIK 0001455971 · Former Director and 10% Owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,300,000

F1 · kind: Pursuant to the terms of a Share Exchange Agreement, dated as of February 23, 2021, by and among the Issuer, SmartKem, Inc. (f/k/a SmartKem Limited) ("SmartKem"), and the former shareholders of SmartKem, on February 23, 2021, all of the equity interests in SmartKem, except certain "deferred shares," were exchanged for shares of Issuer's common stock, with SmartKem continuing as the Issuer's wholly owned subsidiary (the "Exchange"). As a condition to the Exchange, pursuant to the terms of a stock cancellation agreement, the reporting person voluntarily surrendered and canceled 2,450,000 shares of the Issuer's common stock prior to the consummation of the Exchange. The reporting person resigned as a director and officer of the Issuer upon consummation of the Exchange.

F1 · price: Pursuant to the terms of a Share Exchange Agreement, dated as of February 23, 2021, by and among the Issuer, SmartKem, Inc. (f/k/a SmartKem Limited) ("SmartKem"), and the former shareholders of SmartKem, on February 23, 2021, all of the equity interests in SmartKem, except certain "deferred shares," were exchanged for shares of Issuer's common stock, with SmartKem continuing as the Issuer's wholly owned subsidiary (the "Exchange"). As a condition to the Exchange, pursuant to the terms of a stock cancellation agreement, the reporting person voluntarily surrendered and canceled 2,450,000 shares of the Issuer's common stock prior to the consummation of the Exchange. The reporting person resigned as a director and officer of the Issuer upon consummation of the Exchange.

SEC source: 0001104659-21-028484 · tm217635-1_4seq1.xml · nonDerivative · entry 1

Jacobs Ian Seth · CIK 0001707297 · Former Officer and Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 200,000

F1 · kind: Pursuant to the terms of a Share Exchange Agreement, dated as of February 23, 2021, by and among the Issuer, SmartKem Inc. (f/k/a SmartKem Limited) ("SmartKem"), and the former shareholders of SmartKem, on February 23, 2021, all of the equity interests in SmartKem, except certain "deferred shares," exchanged for shares of Issuer's common stock, with SmartKem continuing as the Issuer's wholly owned subsidiary (the "Exchange"). As a condition to the Exchange, pursuant to the terms of a stock cancellation agreement, the reporting person voluntarily surrendered and canceled 50,000 shares of the Issuer's common stock prior to the consummation of the Exchange. The reporting person resigned as a director and officer of the Issuer upon consummation of the Exchange.

F1 · price: Pursuant to the terms of a Share Exchange Agreement, dated as of February 23, 2021, by and among the Issuer, SmartKem Inc. (f/k/a SmartKem Limited) ("SmartKem"), and the former shareholders of SmartKem, on February 23, 2021, all of the equity interests in SmartKem, except certain "deferred shares," exchanged for shares of Issuer's common stock, with SmartKem continuing as the Issuer's wholly owned subsidiary (the "Exchange"). As a condition to the Exchange, pursuant to the terms of a stock cancellation agreement, the reporting person voluntarily surrendered and canceled 50,000 shares of the Issuer's common stock prior to the consummation of the Exchange. The reporting person resigned as a director and officer of the Issuer upon consummation of the Exchange.