MILESTONE SCIENTIFIC INC. — Director's Dealing 2012

Feb 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MILESTONE SCIENTIFIC INC. (MLSS.OB)
CIK: 0000855683
Period of Report: 2011-07-18

Reporting Person: OSSER LEONARD (Director, CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-09	Common Stock, $.001 par value	A	66667	$.75	Acquired	2470816	Direct
2011-07-18	Common Stock, $.001 par value	A	454545	$1.52	Acquired	2404149	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-09	Options to purchase common stock	$.75	A	133334	Acquired	2017-01-09	Common Stock, par value $.001 per share (133334)	Direct

Footnotes

F1: These options are exercisable as follows: i 1/3 on the 1st anniversary of the date of grant; ii 1/3 on the 2nd anniversary of the date of grant; and iii 1/3 on the 3rd anniversary of the date of grant.