Michael I. Schaffer - May 13, 2021 Form 4 Insider Report for PSYCHEMEDICS CORP (PMD)

Signature
Patrick J. Kinney, Jr. as attorney-in-fact for Michael I. Schaffer
Stock symbol
PMD
Transactions as of
May 13, 2021
Transactions value $
$0
Form type
4
Date filed
5/14/2021, 06:02 PM
Next filing
Nov 16, 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 +4.5K +15.52% $0.00 33.5K May 13, 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,