Psychemedics Corporation

12/12/2024 | Press release | Distributed by Public on 12/12/2024 19:42

Statement of Changes in Beneficial Ownership (Form 4)

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Powell Anderson Capital Partners LLC
2. Issuer Name and Ticker or Trading Symbol
PSYCHEMEDICS CORP [PMD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
5532 LILLEHAMMER LANE, SUITE 200
3. Date of Earliest Transaction (Month/Day/Year)
12/10/2024
(Street)
PARK CITY, UT 84098
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/10/2024 P 7,473 A $2.59 415,038 I See footnote(1)(2)
Common Stock 12/11/2024 P 4,518 A $2.71 419,556 I See footnote(1)(2)
Common Stock 12/12/2024 P 75,000 A $2.67 494,556 I See footnote(1)(2)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Powell Anderson Capital Partners LLC
5532 LILLEHAMMER LANE
SUITE 200
PARK CITY, UT 84098
X
PACP Jupiter LLC
5532 LILLEHAMMER LANE
SUITE 200
PARK CITY, UT 84098
X
POWELL ANDERSON CAPITAL LP
5532 LILLEHAMMER LANE
SUITE 200
PARK CITY, UT 84098
X
Lindsay Richard Adam
5532 LILLEHAMMER LANE
SUITE 200
PARK CITY, UT 84098
X

Signatures

PACP Jupiter LLC By: /s/ R. Adam Lindsay, Managing Member of Powell Anderson Capital Partners LLC, Managing Member of PACP Jupiter LLC 12/12/2024
**Signature of Reporting Person Date
Powell Anderson Capital LP By: /s/ R. Adam Lindsay, Managing Member of Powell Anderson Capital Partners LLC, Investment Manager of Powell Anderson Capital LP 12/12/2024
**Signature of Reporting Person Date
Powell Anderson Capital Partners LLC By: /s/ R. Adam Lindsay, Managing Member of Powell Anderson Capital Partners LLC 12/12/2024
**Signature of Reporting Person Date
/s/ R. Adam Lindsay 12/12/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Mr. Lindsay is the Managing Member of Powell Anderson Capital Partners LLC, which serves as the Investment Manager of Powell Anderson Capital LP, and the Managing Member of PACP Jupiter LLC (collectively, the "Funds"). The Funds acquired the shares as specified in Table I (collectively, the Funds acquired (86,991) shares and collectively own (824,556) shares following the transactions). As Investment Manager and Managing Member of the Funds, Powell Anderson Capital Partners LLC, and Mr. Lindsay as Managing Member of Powell Anderson Capital Partners LLC, each possess the power to vote and dispose or direct the disposition of the shares acquired by the Funds.
(2) These shares are held by PACP Jupiter LLC.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.