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Processa Pharmaceuticals, Inc. Director's Dealing 2023

Jan 4, 2023

35172_dirs_2023-01-04_d03d3146-de76-42f9-b35a-ad8dd69b92ff.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: 2022-12-31

Reporting Person: Lin Patrick (Chief Business - Strategy Off)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-12-31 Restricted Stock Units $0 A 10851 Acquired Common Stock (10851) Direct
2023-01-01 Restricted Stock Units $0 A 55107 Acquired Common Stock (55107) Direct
2023-01-01 Restricted Stock Units $0 A 40690 Acquired Common Stock (40690) Direct

Footnotes

F1: Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock upon the earliest of: termination of employment; the third anniversary of the award date; a change of control; or the reporting person's death. These restricted stock units vest on date of grant.

F2: Each restricted stock units represents a contingent right to receive one share of the lssuers common stock, following its vesting on 01/01/24, upon the earlier of termination of employment; the third anniversary of the award date;a change in control, orthe reporting persons death,

F3: Each restricted stock units represents a contingent right to receive one share of the lssuers common stock, following its vesting of one-third on 01/01/24; 01/01/25 and 01/01/26, upon the earlier of termination of employment; the third anniversary of the award date; a change in control, or the reporting persons death.