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Cytosorbents Corp Director's Dealing 2016

Jun 9, 2016

34501_dirs_2016-06-09_da50432c-8525-4035-b545-1ae5b1be97ad.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cytosorbents Corp (CTSO)
CIK: 0001175151
Period of Report: 2016-06-07

Reporting Person: Kraus Al (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-06-07 Common Stock A 5000 Acquired 60746 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 24000 Acquired 2026-06-07 Common Stock (24000) Direct

Footnotes

F1: 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.

F2: 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.