SCHAFFER MICHAEL I 4
4 · PSYCHEMEDICS CORP · Filed May 7, 2019
Insider Transaction Report
Form 4
SCHAFFER MICHAEL I
VP of Laboratory Operations
Transactions
- Award
Stock Option (Right to Buy)
[F1]2019-05-03+10,000→ 10,000 totalExercise: $10.60Exp: 2029-05-03→ Common Stock, $.005 Par Value (10,000 underlying)
Footnotes (1)
- [F1]The option becomes exercisable with respect to 25% of the shares on the first anniversary date of grant, and with respect to an additional 25% on each of the three anniversary dates thereafer, so long as the recipient remains in the continuous employ of the Issuer through each such respective vesting date.
Signature
Patrick J. Kinney, Jr. as attorney-in-fact for Michael I. Schaffer|2019-05-07