AI assistant
Cytosorbents Corp — Director's Dealing 2016
Jun 9, 2016
34501_dirs_2016-06-09_ab73f492-5fac-456a-a9f8-96ad34a25cb4.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cytosorbents Corp (CTSO)
CIK: 0001175151
Period of Report: 2016-06-07
Reporting Person: BATOR MICHAEL G. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-07 | Common Stock | P | 3000 | $4.88 | Acquired | 3000 | Direct |
| 2016-06-07 | Common Stock | A | 60000 | — | Acquired | 63000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-06-07 | Stock Option (right to buy) | $4.69 | A | 12000 | Acquired | 2026-06-07 | Common Stock (12000) | Direct |
Footnotes
F1: The price in column 4 is a weighted average price. The prices actually paid in this transaction range from $4.86 to $4.90.
F2: The reporting person has provided to the issuer, and the issuer will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range reported.
F3: These shares represent restricted stock units and will be settled into common stock upon vesting upon a "Change In Control" of CytoSorbents Corporation, as defined in the CytoSorbents Corporation 2014 Long-Term Incentive Plan.
F4: Such options were granted pursuant to the CytoSorbents Corporation 2014 Long-Term Incentive Plan, which vest in four equal parts at the end of each calendar quarter beginning June 30, 2016.