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