IMMUCELL CORP /DE/ — Director's Dealing 2004

Feb 11, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMUCELL CORP /DE/ (ICCC)
CIK: 0000811641
Period of Report: 2004-02-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-09	Common Stock, par value $0.10 per share	P	500	$4.34	Acquired	355760	Direct
2004-02-09	Common Stock, par value $0.10 per share	P	600	$4.39	Acquired	356360	Direct
2004-02-09	Common Stock, par value $0.10 per share	P	800	$4.40	Acquired	357160	Direct
2004-02-10	Common Stock, par value $0.10 per share	P	500	$4.03	Acquired	357660	Direct
2004-02-10	Common Stock, par value $0.10 per share	P	500	$4.00	Acquired	358160	Direct
2004-02-10	Common Stock, par value $0.10 per share	P	400	$4.03	Acquired	358560	Direct
2004-02-11	Common Stock, par value $0.10 per share	P	500	$4.12	Acquired	359060	Direct
2004-02-11	Common Stock, par value $0.10 per share	P	1600	$4.11	Acquired	360660	Direct

Footnotes

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