CEL SCI CORP — Director's Dealing 2012

Dec 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEL SCI CORP (cvm)
CIK: 0000725363
Period of Report: 2012-12-18

Reporting Person: KERSTEN GEERT R (Director, Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-18	Options	$0.28	A	2300000	Acquired	2022-12-17	Common Stock (2300000)	Direct
2012-12-18	Options	$0.28	A	2700000	Acquired	2022-12-17	Common Stock (2700000)	Direct
2012-12-18	Options	$0.22	D	1890000	Disposed	2013-04-01	Common Stock (1890000)	Direct
2012-12-18	Options	$0.28	A	1890000	Acquired	2017-12-17	Common Stock (1890000)	Direct

Footnotes

F1: Equally and annually over 5 years

F2: Shares Exercisable Date
110,770 12-18-13
110,770 12-18-14
354,090 12-18-15
354,085 12-18-16
354,085 12-18-17
354,085 12-18-18
354,085 12-18-19
354,085 12-18-20
354,085 12-18-21

F3: Replacement of cancelled options at higher exercise price in return for extended expiration date