MICHAEL I. SCHAFFER - 20 May 2022 Form 4 Insider Report for PSYCHEMEDICS CORP (PMD)

Role
VP of Laboratory Operations
Signature
Patrick J. Kinney, Jr. as attorney-in-fact for Michael I. Schaffer
Issuer symbol
PMD
Transactions as of
20 May 2022
Transactions value $
$0
Form type
4
Filing time
24 May 2022, 17:38:42 UTC
Previous filing
17 May 2022
Next filing
15 Nov 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 +5K +15.33% $0.00 37.6K 20 May 2022 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,