KORU Medical Systems, Inc. — Director's Dealing 2020

Dec 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REPRO MED SYSTEMS INC (KRMD)
CIK: 0000704440
Period of Report: 2020-12-15

Reporting Person: Marques Manuel A (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-15	Common Stock	F	26920	$5.535	Disposed	243080	Direct
2020-12-15	Common Stock	M	62500	$0.50	Acquired	305580	Direct
2020-12-15	Common Stock	M	75000	$1.57	Acquired	380580	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-15	Options to Purchase Common Stock	$0.50	M	62500	Disposed	2022-10-10	Common Stock (62500)	Direct
2020-12-15	Options to Purchase Common Stock	$1.57	M	75000	Disposed	2029-01-28	Common Stock (75000)	Direct

Footnotes

F1: Represents the payment of the exercise price of stock options through the delivery of previously owned shares to the issuer.

F2: The price is equal to the Fair Market Value of the Common Stock, as defined in the stock option award agreements, and is used to determine the value of the shares delivered to the issuer in payment of the exercise price.

F3: Options vest in 15,625 increments quarterly. Date Excercisable 01/11/2018-10/11/2020.