New insider Powell Anderson Capital Partners Llc claimed ownership of 737,565 shares (SEC Form 3)
$PMD
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Health Care
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 12/04/2024 |
3. Issuer Name and Ticker or Trading Symbol
PSYCHEMEDICS CORP [ PMD ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock | 737,565 | I | See footnotes(1)(2)(3) |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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| Explanation of Responses: |
| 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 to PACP Jupiter LLC (collectively, the "Funds"). |
| 2. On December 4, 2024, PACP Jupiter LLC acquired 7,346 shares, resulting in the Funds owning 591,481 shares or approximately 10.03% of the outstanding shares. Subsequently, between December 5, 2024, and December 6, 2024, PACP Jupiter LLC acquired an additional 146,084 shares. |
| 3. Mr. Lindsay is the Managing Member of Powell Anderson Capital Partners LLC. As a result, Mr. Lindsay possesses the power to vote and dispose of or direct the disposition of all the 737,565 shares held by the Funds. Mr. Lindsay disclaims beneficial ownership of any of the shares held by the Funds. |
| Powell Anderson Capital LP By: /s/ R. Adam Lindsay, R. Adam Lindsay, Managing Member of Powell Anderson Capital Partners LLC, Investment Manager of Powell Anderson Capital LP | 12/10/2024 | |
| PACP Jupiter LLC By: /s/ R. Adam Lindsay, R. Adam Lindsay, Managing Member of Powell Anderson Capital Partners LLC, Managing Member of PACP Jupiter LLC | 12/10/2024 | |
| Powell Anderson Capital Partners LLC By: /s/ R. Adam Lindsay, R. Adam Lindsay, Managing Member | 12/10/2024 | |
| /s/ R. Adam Lindsay | 12/10/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||