Kamin Peter - 17 Aug 2023 Form 4 Insider Report for PSYCHEMEDICS CORP (PMDI)

Role: Director, 10%+ Owner
Signature: Patrick J. Kinney, Jr. as attorney-in-fact for Peter Kamin
Issuer symbol: PMDI
Transactions as of: 17 Aug 2023
Net transactions value: $0
Form type: 4
Filing time: 21 Aug 2023, 17:40:33 UTC
Previous filing: 15 Jun 2023
Next filing: 21 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PMD	Common Stock, $.005 Par Value	Award	$0	+14,000	+6.3%	$0.000000	237,031	17 Aug 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units that are to be settled solely in shares of Common Stock. The units vest with respect to 100% of the shares on the earlier of: (i) August 17, 2024 or (ii) one business day prior to the date of the 2024 Annual Meeting of Stockholders.
F2	The reporting person also holds 218,728 shares indirectly by the Peter H. Kamin Revocable Trust dated February 2003, 146,998 shares indirectly by the Peter H. Kamin Childrens Trust dated March 1997, and 44,980 shares indirectly by 3K Limited Partnership. The reporting person disclaims beneficial ownership of these Securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purposes.

Content

Represents restricted stock units that are to be settled solely in shares of Common Stock. The units vest with respect to 100% of the shares on the earlier of: (i) August 17, 2024 or (ii) one business day prior to the date of the 2024 Annual Meeting of Stockholders.

The reporting person also holds 218,728 shares indirectly by the Peter H. Kamin Revocable Trust dated February 2003, 146,998 shares indirectly by the Peter H. Kamin Childrens Trust dated March 1997, and 44,980 shares indirectly by 3K Limited Partnership. The reporting person disclaims beneficial ownership of these Securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purposes.