Justice W. Anderson - 24 Sep 2021 Form 4 Insider Report for PROCYON CORP

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Justice W. Anderson
Issuer symbol
N/A
Transactions as of
24 Sep 2021
Net transactions value
+$20,075
Form type
4
Filing time
04 Oct 2021, 15:25:32 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PCYN Common Stock 3,350 24 Sep 2021 Trustee of Trust F1, F2
holding PCYN Common Stock 75,000 24 Sep 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 $6,000 +40,000 $0.1500* 40,000 30 Jun 2016 Common Stock 40,000 $0.1500 Direct F2, F3
transaction PCYN Stock Option Award $4,750 +25,000 $0.1900* 25,000 30 Jun 2017 Common Stock 25,000 $0.1900 Direct F2, F4
transaction PCYN Stock Option Award $9,325 +25,000 $0.3730 25,000 30 Jun 2021 Common Stock 25,000 $0.3730 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.