Peter Kamin - Aug 12, 2022 Form 4 Insider Report for PSYCHEMEDICS CORP (PMD)

Role: Director, 10%+ Owner
Signature: Patrick J. Kinney, Jr., as attorney-in-fact for Peter H. Kamin
Stock symbol: PMD
Transactions as of: Aug 12, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/16/2022, 05:36 PM
Previous filing: Jun 16, 2022
Next filing: Mar 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PMD	Common Stock, $.005 Par Value	Award	$0	+9K	+4.2%	$0.00	223K	Aug 12, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 August 12, 2023 and with respect to the remaining 50% on August 12, 2024, so long as the recipient continues as a director of the Issuer through each such respective vesting date.
F2	The reporting person also holds 218,728 shares indirectly by the Peter H. Kamin Revocable Trust dated February 2003, 146,998 shares indirectly by the Peter H. Kamin Childrens Trust dated March 1997, and 44,980 shares indirectly by 3K Limited Partnership. The reporting person disclaims beneficial ownership of these Securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purposes.

Content

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 August 12, 2023 and with respect to the remaining 50% on August 12, 2024, so long as the recipient continues as a director of the Issuer through each such respective vesting date.

The reporting person also holds 218,728 shares indirectly by the Peter H. Kamin Revocable Trust dated February 2003, 146,998 shares indirectly by the Peter H. Kamin Childrens Trust dated March 1997, and 44,980 shares indirectly by 3K Limited Partnership. The reporting person disclaims beneficial ownership of these Securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purposes.