WEINERT FRED J 4
4 · PSYCHEMEDICS CORP · Filed May 7, 2019
Insider Transaction Report
Form 4
WEINERT FRED J
Director
Transactions
- Award
Common Stock, $.005 Par Value
2019-05-03+2,000→ 28,583 total - Award
Stock Option (Right to Buy)
2019-05-03+23,000→ 23,000 totalExercise: $10.60Exp: 2029-05-03→ Common Stock, $.005 Par Value (23,000 underlying)
Footnotes (3)
- [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, 2020 and with respect to the remaining 50% on April 30, 2021, so long as the recipient continues as a director of the Issuer through each such respective vesting date.
- [F2]The reporting person also holds 108,381 shares indirectly by Trust and 1400 shares by Spouse.
- [F3]The option becomes exercisable with respect to 50% of the shares on April 30, 2020 and with respect to the remaining 50% on April 30, 2021, so long as the recipient continues as a director of the Issuer through each such respective vesting date.