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Processa Pharmaceuticals, Inc. Director's Dealing 2024

Aug 2, 2024

35172_dirs_2024-08-02_9ba04967-f659-4330-9f56-07727d7c2b91.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: 2024-04-05

Reporting Person: Young David (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-04-05 Common Stock M 1675 Acquired 81061 Direct
2024-04-05 Common Stock F 518 $2.79 Disposed 80543 Direct
2024-07-10 Common Stock M 644 Acquired 81187 Direct
2024-07-10 Common Stock F 282 $1.71 Disposed 80905 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-06-28 Restricted Stock Units $0 A 3233 Acquired Common Stock (3233) Direct
2024-06-28 Restricted Stock Units $0 A 2425 Acquired Common Stock (2425) Direct
2024-06-28 Restricted Stock Units $0 A 404 Acquired Common Stock (404) Direct
2024-06-28 Restricted Stock Units $0 A 404 Acquired Common Stock (404) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 30985 Indirect
Common Stock 10786 Indirect
Common Stock 18544 Indirect

Footnotes

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.