IMMUCELL CORP /DE/ — Director's Dealing 2010

May 27, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMUCELL CORP /DE/ (ICCC)
CIK: 0000811641
Period of Report: 2010-05-25

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-25	Common Stock, par value $0.10 per share	P	200	$3.35	Acquired	461650	Direct
2010-05-25	Common Stock, par value $0.10 per share	P	300	$3.30	Acquired	461950	Direct
2010-05-26	Common Stock, par value $0.10 per share	P	400	$3.3472	Acquired	462350	Direct

Footnotes

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

F2: This figure includes 214,155 shares of common stock held by Arterio, Inc., a company solely owned by Mr. Rothschild.