KORU Medical Systems, Inc. — Director's Dealing 2016

Mar 2, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REPRO MED SYSTEMS INC (REPR)
CIK: 0000704440
Period of Report: 2016-02-29

Reporting Person: Narishkin Cyril Nicholas (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-29	Common Stock	P	81976	—	Acquired	81976	Direct
2016-02-29	Common Stock	A	14566	—	Acquired	96542	Direct

Footnotes

F1: Shares issued pursuant to a consulting agreement between the Company and Mr. Narishkin in his capacity as interim COO pursuant to which a portion of Mr. Narishkin's compensation is paid in shares of the Company's common stock. In accordance with the consulting arrangement, the number of shares issued was calculated based on the closing share prices of the Company's common stock on the dates as follows: 10/31/15 at $0.41, 11/30/15 at $0.41, 12/31/15 at $0.55, 1/29/16 at $0.47, 2/9/16 at $0.45.