David Young - Apr 5, 2024 Form 4 Insider Report for Processa Pharmaceuticals, Inc. (PCSA)

Role
Pres. Research & Development, Director
Signature
/s/s David Young by Michael B. Kirwan, as Attorney-in-Fact
Stock symbol
PCSA
Transactions as of
Apr 5, 2024
Transactions value $
-$1,927
Form type
4
Date filed
8/2/2024, 05:09 PM
Previous filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCSA Common Stock Options Exercise +1.68K +2.11% 81.1K Apr 5, 2024 Direct F1
transaction PCSA Common Stock Tax liability -$1.45K -518 -0.64% $2.79 80.5K Apr 5, 2024 Direct
transaction PCSA Common Stock Options Exercise +644 +0.8% 81.2K Jul 10, 2024 Direct F1
transaction PCSA Common Stock Tax liability -$482 -282 -0.35% $1.71 80.9K Jul 10, 2024 Direct
holding PCSA Common Stock 31K Apr 5, 2024 By Young-Plaisance Revocable Trust
holding PCSA Common Stock 10.8K Apr 5, 2024 By Family Entities
holding PCSA Common Stock 18.5K Apr 5, 2024 By CorLyst, LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PCSA Restricted Stock Units Award $0 +3.23K +17.3% $0.00 21.9K Jun 28, 2024 Common Stock 3.23K $0.00 Direct F2
transaction PCSA Restricted Stock Units Award $0 +2.43K +11.06% $0.00 24.3K Jun 28, 2024 Common Stock 2.43K $0.00 Direct F3
transaction PCSA Restricted Stock Units Award $0 +404 +1.66% $0.00 24.8K Jun 28, 2024 Common Stock 404 $0.00 Direct F4
transaction PCSA Restricted Stock Units Award $0 +404 +1.63% $0.00 25.2K Jun 28, 2024 Common Stock 404 $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Distribution of vested restricted shares.
F2 Each Restricted Stock Unit represents a contingent right receive one share of the Issuer's common stock, following its vesting on January 1, 2025.
F3 Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock, following its vesting on of one-third on January 1, 2025, and one-thirty-sixth each month thereafter until fully vested on January 1, 2027.
F4 Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock, following its vesting upon the achievement of certain performance goals.