PSYCHEMEDICS CORP 4
4 · PSYCHEMEDICS CORP · Filed May 5, 2017
Insider Transaction Report
Form 4
Lerner Neil
Vice President and Controller
Transactions
- Award
Stock Option (Right to Buy)
2017-05-04+12,000→ 12,000 totalExercise: $18.87Exp: 2027-05-04→ Common Stock, $.005 Par Value (12,000 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 thereafter, so long as the recipient remains in the continuous employ of the Issuer through each such respective vesting date.