Raymond C. Kubacki Jr. - 13 May 2021 Form 4 Insider Report for PSYCHEMEDICS CORP (PMDI)

Signature
Patrick J. Kinney, Jr. as attorney-in-fact for Raymond C. Kubacki, Jr.
Issuer symbol
PMDI
Transactions as of
13 May 2021
Net transactions value
$0
Form type
4
Filing time
14 May 2021, 17:26:52 UTC
Next filing
16 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMD Common Stock, $.005 Par Value Award $0 +23,000 +11% $0.000000 237,374 13 May 2021 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 anniversay 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,