secwatch.observer — SEC 8-K summary
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Issuer:     SmartKem, Inc. (SMTK)
CIK:        0001817760
Form:       8-K
Filed at:   2022-12-20T23:59:59+00:00
Accession:  0001558370-22-018827
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartKem appoints Barbra C. Keck as CFO; grants 450,000 stock options
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- Barbra C. Keck appointed CFO effective December 14, 2022; she will resign from Audit and Compensation Committees but remain on board.
- Annual base salary of $300,000; eligible for annual bonus up to 40% based on KPIs.
- Granted options to purchase 450,000 shares at $2.00 per share under 2021 Equity Incentive Plan.
- Options vest: 150,000 shares after one year, remainder ratably monthly over two years.
- Ms. Keck previously served on the board since Feb 2021 and was CFO of Deverra Therapeutics.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817760/000155837022018827/0001558370-22-018827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817760/000155837022018827/smtk-20221214x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-018827

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer