FRED J. WEINERT - 13 May 2021 Form 4 Insider Report for PSYCHEMEDICS CORP (PMD)

Role
Director
Signature
Patrick J. Kinney, Jr. as attorney-in-fact for Fred J. Weinert
Issuer symbol
PMD
Transactions as of
13 May 2021
Net transactions value
$0
Form type
4
Filing time
14 May 2021, 17:55:25 UTC
Next filing
07 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMD Common Stock, $.005 Par Value Award $0 +11,000 +23% $0.000000 58,583 13 May 2021 Direct F1, F2
* 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 50% of the shares on April 30, 2022 and with respect to the remaining 50% on April 30, 2023, so long as the recipient continues as a director of the Issuer through each such respective vesting date.
F2 The reporting person also holds 111,381 shares indirectly by Trust and 1,600 shares by Spouse.