WEINERT FRED J 4
4 · PSYCHEMEDICS CORP · Filed May 7, 2018
Insider Transaction Report
Form 4
WEINERT FRED J
Director
Transactions
- Award
Common Stock, $.005 Par Value
2018-05-03+1,000→ 27,983 total - Award
Stock Option (Right to Buy)
2018-05-03+12,500→ 12,500 totalExercise: $21.04Exp: 2028-05-03→ Common Stock, $.005 Par Value (12,500 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, 2019 and with respect to the remaining 50% on April 30, 2020, 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 600 shares by Spouse.
- [F3]The option becomes exercisable with respect to 50% of the shares on April 30, 2019 and with respect to the remaining 50% on April 30, 2020, so long as the recipient continues as a director of the Issuer through each such respective vesting date.