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)
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.