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Processa Pharmaceuticals, Inc. Director's Dealing 2023

Aug 9, 2023

35172_dirs_2023-08-09_72592d4b-bf3c-4cd5-a267-05ea50c62ea2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Processa Pharmaceuticals, Inc. (PCSA)
CIK: 0001533743
Period of Report: 2023-08-08

Reporting Person: Ng George K (N/A)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-08-08 Restricted Stock Units $0 A 400000 Acquired Common Stock (400000) Direct
2023-08-08 Restricted Stock Units $0 A 400000 Acquired Common Stock (400000) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, following its vesting of one-third on 08/08/24, 08/08/25, and 08/08/26 or upon a change in control event.

F2: The restricted stock units vest upon the achievement of certain performance goals.