FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Young David
2. Date of Event Requiring Statement (MM/DD/YYYY)
10/2/2020 

3. Issuer Name and Ticker or Trading Symbol

Processa Pharmaceuticals, Inc. [PCSA]
(Last)        (First)        (Middle)

C/O PROCESSA PHARMACEUTICALS, INC., 7300 COCA COLA DRIVE, SUITE 106
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
Chief Executive Officer /
(Street)

HANOVER, MD 21076      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
10/2/2020 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
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)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrants (Right to Buy) 6/29/2018 (1)6/29/2021 Common Stock 3147 $19.068 D  
Warrants (Right to Buy) 6/29/2018 (1)6/29/2021 Common Stock 20309 $19.068 I By Family Entities 
Warrants (Right to Buy) 6/29/2018 (1)6/29/2021 Common Stock 15734 $19.068 I By Young-Plaisance Revocable Trust 
Warrants (Right to Buy) 5/25/2018 (1)5/25/2021 Common Stock 14731 $17.164 I By Young-Plaisance Revocable Trust 

Explanation of Responses:
(1) This amended Form 3 is being filed to add the grant date/exercise date of the warrant issued to the reporting person.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Young David
C/O PROCESSA PHARMACEUTICALS, INC.
7300 COCA COLA DRIVE, SUITE 106
HANOVER, MD 21076
X
Chief Executive Officer

Signatures
/s/ David Young by Michael B. Kirwan, as Attorney-in-Fact10/5/2020
**Signature of Reporting PersonDate

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