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AMERICAN SHARED HOSPITAL SERVICES Director's Dealing 2020

Jun 30, 2020

34986_dirs_2020-06-30_1c4cfb6b-1ca8-4989-afc6-3cdcdf7a79e4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK: 0000744825
Period of Report: 2020-06-26

Reporting Person: Kelly Daniel G Jr (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-06-26 Common Stock, No Par Value A 500 Acquired 37143 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-06-26 COMMON SHARE $1.88 A 2000 Acquired 2027-06-25 COMMON SHARE (2000.0) Direct

Footnotes

F1: This represents an award of restricted stock units. Each unit will entitle the reporting person to one share of the issuer's common stock upon vesting. The units will vest in full upon the earlier of (I) the reporting person's completion of one year of service measured from June 26, 2020, or (II) such individual's continuation in Board service through the day immediately preceding the 2021 Annual Shareholders Meeting (the "Vesting Date").

F2: Includes 500 shares subject to the reported restricted stock unit award which will vest in full on the Vesting Date.

F3: The reported stock option will vest in full upon the earlier of (I) the reporting person's completion of one year of service measured from June 26, 2020, or (II) such individual's continuation in Board service through the day immediately preceding the 2021 Annual Shareholders Meeting (the "Vesting Date").