Daniella Mehalik - 22 Jan 2024 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
24 Jan 2024, 17:21:10 UTC
Prior SEC filing
19 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Patrick J. Kinney, Jr. as attorney-in-fact for Daniella Mehalik

Key filing fact

Daniella Mehalik filed Form 4 for PSYCHEMEDICS CORP (PMDI) on 24 Jan 2024.

Key facts

  • This page summarizes Daniella Mehalik's Form 4 filing for PSYCHEMEDICS CORP (PMDI).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 24 Jan 2024, 17:21.

Change

  • Previous filing in this sequence was filed on 19 Dec 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
+35,000
Change %
Price
$0.000000
Shares after
35,000
Date
22 Jan 2024
Ownership
Direct
Underlying class
Common Stock, $.005 Par Value
Underlying amount
35,000
Exercise price
$3.40
Footnotes
F1
PMD transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+70,000
Change %
Price
$0.000000
Shares after
70,000
Date
22 Jan 2024
Ownership
Direct
Underlying class
Common Stock, $.005 Par Value
Underlying amount
70,000
Exercise price
$3.40
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 January 22, 2025 and with respect to the remaining 50% on January 22, 2026.

Footnote F2

The option becomes exercisable, if at all, in two 35,000 share increments. The first increment of 35,000 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 January 22, 2027 shall have exceeded $5.50. The second increment of 35,000 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 January 22, 2028 shall have exceeded $6.50.

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