Justice W. Anderson - Sep 24, 2021 Form 4 Insider Report for PROCYON CORP (PCYN)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Justice W. Anderson
Stock symbol
PCYN
Transactions as of
Sep 24, 2021
Transactions value $
$20,075
Form type
4
Date filed
10/4/2021, 03:25 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PCYN Common Stock 3.35K Sep 24, 2021 Trustee of Trust F1, F2
holding PCYN Common Stock 75K Sep 24, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PCYN Stock Option Award $6K +40K $0.15* 40K Jun 30, 2016 Common Stock 40K $0.15 Direct F2, F3
transaction PCYN Stock Option Award $4.75K +25K $0.19* 25K Jun 30, 2017 Common Stock 25K $0.19 Direct F2, F4
transaction PCYN Stock Option Award $9.33K +25K $0.37 25K Jun 30, 2021 Common Stock 25K $0.37 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock beneficially owned as Trustee of a Trust.
F2 No change from previous report; shown only to reflect current holdings.
F3 The stock options were earned pursuant to the reporting person's executive employment agreement on, and therefore dated, 6/30/16. But the option agreement was executed by the Compensation Committee and delivered to the reporting person on 9/27/16.
F4 The stock options were earned pursuant to the reporting person's executive employment agreement on, and therefore dated, 6/30/17. But the option agreement was executed by the Compensation Committee and delivered to the reporting person on 8/23/17.
F5 The stock options were earned pursuant to the reporting person's executive employment agreement on, and therefore dated, 6/30/21. But the option agreement was executed by the Compensation Committee and delivered to the reporting person on 9/24/21.