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

Signature
/s/ James B. Anderson
Stock symbol
PCYN
Transactions as of
Sep 24, 2021
Transactions value $
$9,325
Form type
4
Date filed
10/4/2021, 05:19 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PCYN Common Stock 81K Sep 24, 2021 Direct F1

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 $9.33K +25K $0.37 25K Jun 30, 2021 Common Stock 25K $0.37 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No change from previous report; shown only to reflect current holdings.
F2 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.