Peter Kamin - Dec 10, 2024 Form 4 Insider Report for PSYCHEMEDICS CORP (PMD)

Role: Director, 10%+ Owner
Signature: /s/ Peter Kamin
Stock symbol: PMD
Transactions as of: Dec 10, 2024
Transactions value $: -$753,664
Form type: 4
Date filed: 12/12/2024, 05:15 PM
Previous filing: Dec 5, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PMD	Common Stock, $0.005 Par Value	Sale	-$754K	-321K	-17.62%	$2.35	1.5M	Dec 10, 2024	See footnote	F1, F2
holding	PMD	Common Stock, $0.005 Par Value						237K	Dec 10, 2024	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock, par value $0.005 per share, held by 3K Limited Partnership ("3K Limited"), of which the reporting person is the general partner (the "Reporting Person"), and repurchased by the Issuer, pursuant to a stock repurchase agreement, dated as of December 10, 2024, by and among the Issuer and 3K Limited, following the final determination of the purchase price required to purchase fractional shares in the Issuer's recently completed reverse stock split.
F2	The Reporting Person holds 218,728 shares indirectly by the Peter H. Kamin Revocable Trust dated February 2003, 146,998 shares indirectly by the Peter H. Kamin Childrens Trust dated March 1997 and 1,133,984 shares indirectly by 3K Limited. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purposes.

Content

Represents shares of common stock, par value $0.005 per share, held by 3K Limited Partnership ("3K Limited"), of which the reporting person is the general partner (the "Reporting Person"), and repurchased by the Issuer, pursuant to a stock repurchase agreement, dated as of December 10, 2024, by and among the Issuer and 3K Limited, following the final determination of the purchase price required to purchase fractional shares in the Issuer's recently completed reverse stock split.

The Reporting Person holds 218,728 shares indirectly by the Peter H. Kamin Revocable Trust dated February 2003, 146,998 shares indirectly by the Peter H. Kamin Childrens Trust dated March 1997 and 1,133,984 shares indirectly by 3K Limited. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purposes.