IMMUCELL CORP /DE/ — Director's Dealing 2003

Oct 23, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMUCELL CORP /DE/ (ICCC)
CIK: 0000811641
Period of Report: 2003-10-21

Reporting Person: ROTHSCHILD JONATHAN E (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-10-21	Common Stock, par value $0.10 per share	P	500	$2.76	Acquired	342000	Direct
2003-10-22	Common Stock, par value $0.10 per share	P	1160	$2.81	Acquired	343160	Direct
2003-10-23	Common Stock, par value $0.10 per share	P	500	$2.89	Acquired	343660	Direct
2003-10-23	Common Stock, par value $0.10 per share	P	400	$2.91	Acquired	344060	Direct