Shannon Shoemaker - 21 Sep 2023 Form 4 Insider Report for PSYCHEMEDICS CORP (PMDI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
25 Sep 2023, 18:29:55 UTC
Prior SEC filing
25 Sep 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Patrick J. Kinney, Jr. as attorney-in-fact for Shannon Shoemaker

Key filing fact

Shannon Shoemaker filed Form 4 for PSYCHEMEDICS CORP (PMDI) on 25 Sep 2023.

Key facts

  • This page summarizes Shannon Shoemaker's Form 4 filing for PSYCHEMEDICS CORP (PMDI).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 25 Sep 2023, 18:29.

Change

  • Previous filing in this sequence was filed on 25 Sep 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PMD transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+40,000
Change %
Price
$0.000000
Shares after
40,000
Date
21 Sep 2023
Ownership
Direct
Underlying class
Common Stock, $.005 Par Value
Underlying amount
40,000
Exercise price
$3.66
Footnotes
F1
PMD transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+80,000
Change %
Price
$0.000000
Shares after
80,000
Date
21 Sep 2023
Ownership
Direct
Underlying class
Common Stock, $.005 Par Value
Underlying amount
80,000
Exercise price
$3.66
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The option becomes exercisable with respect to 50% of the shares on September 18, 2024 and with respect to the remaining 50% on September 18, 2025.

Footnote F2

The option becomes exercisable, if at all, in two 40,000 share increments. The first increment of 40,000 shares becomes exercisable at the time the weighted average daily price of Psychemedics common stock on the Nasdaq Stock Market during any consecutive 60 calendar day period ending on or before September 21, 2026 shall have exceeded $5.50. The second increment of 40,000 shares becomes exercisable at the time the weighted average daily price of Psychemedics common stock on the Nasdaq Stock Market during any consecutive 60 calendar day period ending on or before September 21, 2027 shall have exceeded $6.50.

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