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Brown Beverley 4

Accession 0001104659-21-027370

CIK 0001817760other

Filed

Feb 23, 7:00 PM ET

Accepted

Feb 24, 1:51 PM ET

Size

7.8 KB

Accession

0001104659-21-027370

Insider Transaction Report

Form 4
Period: 2021-02-23
Brown Beverley
Chief Scientist
Transactions
  • Other

    Common Stock

    2021-02-23+20,00220,002 total(indirect: By B Brown Consultants Ltd)
  • Award

    Option to Purchase Common Stock

    2021-02-23+178,086178,086 total
    Exercise: $0.00From: 2021-02-23Exp: 2031-02-23Common Stock (178,086 underlying)
Footnotes (2)
  • [F1]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.
  • [F2]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.

Issuer

SmartKem, Inc.

CIK 0001817760

Entity typeother

Related Parties

1
  • filerCIK 0001846306

Filing Metadata

Form type
4
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 1:51 PM ET
Size
7.8 KB