Doucot Charles M 4
4 · PSYCHEMEDICS CORP · Filed Nov 13, 2020
Insider Transaction Report
Form 4
Doucot Charles M
Vice President Sales & Mktg
Transactions
- Award
Stock Option (Right to Buy)
2020-11-11+7,000→ 7,000 totalExercise: $4.07Exp: 2030-11-11→ Common Stock, $.005 Par Value (7,000 underlying) - Award
Common Stock, $.005 Par Value
2020-11-11+18,000→ 18,500 total
Footnotes (2)
- [F1]Represents restricted stock units that are to be settled solely in shares of Common Stock. The units vest with respect to 25% of the shares on the first anniversary date of the grant, and with respect to an additional 25% on each of the three anniversary dates thereafter, so long as the recipient remains in the continuous employ of the Issuer through each such respective vesting date.
- [F2]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 thereafter, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.