CEL SCI CORP — Director's Dealing 2011

Dec 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEL SCI CORP (cvm)
CIK: 0000725363
Period of Report: 2011-12-05

Reporting Person: DE CLARA MAXIMILIAN (Director, President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-05	Options	$	D	589999	Disposed		Common Stock (589999)	Direct
2011-12-05	Options	$0.32	A	471999	Acquired	2016-12-01	Common Stock (471999)	Direct

Footnotes

F1: Multiple option grants with exercise prices between $0.54 and $1.94

F2: Multiple option grants exercisable between 8/1/96 and 9/2/05

F3: Multiple option grants with expiration dates between 3/14/12 and 9/2/14

F4: Agreed to reduction of shares of common stock issuable upon exercise of options in return for a reduction in the exercise price.