PSYCHEMEDICS CORP 4
4 · PSYCHEMEDICS CORP · Filed May 5, 2017
Insider Transaction Report
Form 4
WEINERT FRED J
Director
Transactions
- Award
Common Stock, $.005 Par Value
2017-05-04+1,000→ 27,983 total - Award
Stock Option (Right to Buy)
2017-05-04+10,000→ 10,000 totalExercise: $18.87Exp: 2027-05-04→ Common Stock, $.005 Par Value (10,000 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, 2018 and with respect to the remaining 50% on April 30, 2019, 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 200 shares by Spouse.
- [F3]The option becomes exercisable with respect to 50% of the shares on April 30, 2018 and with respect to the remaining 50% on April 30, 2019, so long as the recipient continues as a director of the Issuer through each such respective vesting date.