Michael Weisenhoff - 17 Aug 2023 Form 4 Insider Report for PSYCHEMEDICS CORP (PMDI)

Role
Assistant Controller
Signature
Patrick J. Kinney, Jr., as attorney-in-fact for Michael Weisenhoff
Issuer symbol
PMDI
Transactions as of
17 Aug 2023
Net transactions value
$0
Form type
4
Filing time
22 Aug 2023, 17:21:06 UTC
Previous filing
31 Jul 2023
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 +4,000 $0.000000 4,000 17 Aug 2023 Direct F1
* 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 25% of the shares on the first anniversary date of the grant, and with respect to an additional 25% on each of the three anniversary dates thereafter, so long as the recipient remains in the continuous employ of the Issuer through each such respective vesting date.