Nuwellis, Inc. — Director's Dealing 2012

Aug 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sunshine Heart, Inc. (SSH)
CIK: 0001506492
Period of Report: 2012-08-16

Reporting Person: O'Dwyer Donal (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-16	Common Stock	P	2300	$8.0458	Acquired	41091	Indirect
2012-08-17	Common Stock	P	11375	$7.5586	Acquired	52466	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	686	Direct
Common Stock	10370	Indirect

Footnotes

F1: Reflects the weighted average price of 2,300 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 16, 2012 with sales prices ranging from $7.7674 to $8.1873 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.

F2: The reporting person and his spouse jointly have the power to make investment and voting decisions.

F3: Reflects the weighted average price of 11,375 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 17, 2012 with sales prices ranging from $7.3084 to $7.9349 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.

F4: Dundrum Investments P/I is the trustee and the reporting person's spouse has the authority to change the trustee.