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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.