SCHAFFER MICHAEL I 4
4 · PSYCHEMEDICS CORP · Filed May 7, 2018
Insider Transaction Report
Form 4
SCHAFFER MICHAEL I
VP of Laboratory Operations
Transactions
- Award
Stock Option (Right to Buy)
2018-05-03+5,000→ 5,000 totalExercise: $21.04Exp: 2028-05-03→ Common Stock, $.005 Par Value (5,000 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.