0001062993-23-018458.txt : 20230925
0001062993-23-018458.hdr.sgml : 20230925
20230925182955
ACCESSION NUMBER: 0001062993-23-018458
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230921
FILED AS OF DATE: 20230925
DATE AS OF CHANGE: 20230925
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Shoemaker Shannon
CENTRAL INDEX KEY: 0001994543
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13738
FILM NUMBER: 231276858
MAIL ADDRESS:
STREET 1: 289 GREAT ROAD, SUITE 200
CITY: ACTON
STATE: MA
ZIP: 01720
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PSYCHEMEDICS CORP
CENTRAL INDEX KEY: 0000806517
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEDICAL LABORATORIES [8071]
IRS NUMBER: 581701987
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 125 NAGOG PARK
CITY: ACTON
STATE: MA
ZIP: 01720
BUSINESS PHONE: 978-206-8220
MAIL ADDRESS:
STREET 1: 125 NAGOG PARK
CITY: ACTON
STATE: MA
ZIP: 01720
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0508
4
2023-09-21
0000806517
PSYCHEMEDICS CORP
PMD
0001994543
Shoemaker Shannon
C/O PSYCHEMEDICS CORPORATION
289 GREAT ROAD, SUITE 200
ACTON
MA
01720
0
1
0
0
Chief Revenue Officer
0
Stock Option (Right to Buy)
3.66
2023-09-21
4
A
0
40000
0
A
2033-09-21
Common Stock, $.005 Par Value
40000
40000
D
Stock Option (Right to Buy)
3.66
2023-09-21
4
A
0
80000
0
A
2033-09-21
Common Stock, $.005 Par Value
80000
80000
D
The option becomes exercisable with respect to 50% of the shares on September 18, 2024 and with respect to the remaining 50% on September 18, 2025.
The option becomes exercisable, if at all, in two 40,000 share increments. The first increment of 40,000 shares becomes exercisable at the time the weighted average daily price of Psychemedics common stock on the Nasdaq Stock Market during any consecutive 60 calendar day period ending on or before September 21, 2026 shall have exceeded $5.50. The second increment of 40,000 shares becomes exercisable at the time the weighted average daily price of Psychemedics common stock on the Nasdaq Stock Market during any consecutive 60 calendar day period ending on or before September 21, 2027 shall have exceeded $6.50.
Patrick J. Kinney, Jr. as attorney-in-fact for Shannon Shoemaker
2023-09-25