IMMUCELL CORP /DE/ — Director's Dealing 2004

Feb 17, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMUCELL CORP /DE/ (ICCC)
CIK: 0000811641
Period of Report: 2004-02-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-12	Common Stock, par value $0.10 per share	P	400	$4.22	Acquired	361060	Direct
2004-02-12	Common Stock, par value $0.10 per share	P	300	$4.23	Acquired	361360	Direct
2004-02-12	Common Stock, par value $0.10 per share	P	800	$4.21	Acquired	362160	Direct
2004-02-12	Common Stock, par value $0.10 per share	P	400	$4.22	Acquired	362560	Direct
2004-02-12	Common Stock, par value $0.10 per share	P	400	$4.23	Acquired	362960	Direct
2004-02-13	Common Stock, par value $0.10 per share	P	300	$4.19	Acquired	363260	Direct
2004-02-13	Common Stock, par value $0.10 per share	P	200	$4.19	Acquired	363460	Direct
2004-02-13	Common Stock, par value $0.10 per share	P	600	$4.22	Acquired	364060	Direct
2004-02-13	Common Stock, par value $0.10 per share	P	800	$4.20	Acquired	364860	Direct
2004-02-13	Common Stock, par value $0.10 per share	P	400	$4.16	Acquired	365260	Direct
2004-02-17	Common Stock, par value $0.10 per share	P	600	$4.25	Acquired	365860	Direct

Footnotes

F1: These shares were acquired by Arterio, Inc., a company solely owned by Mr. Rothschild.