Nuwellis, Inc. — Director's Dealing 2012

Feb 14, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Sunshine Heart, Inc. (SSH)
CIK: 0001506492
Period of Report: 2012-02-14

Reporting Person: Peters William S (Director, Chief Technical Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7250	Indirect
Common Stock	33433	Indirect
Common Stock	35	Indirect
Common Stock	53	Indirect
Common Stock	35	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$3.1000	2013-01-30	Common Stock (3990)		Direct
Employee Stock Option (right to buy)	$50.8700	2014-07-05	Common Stock (3880)		Direct
Employee Stock Option (right to buy)	$36.6264	2016-11-01	Common Stock (2000)		Direct
Employee Stock Option (right to buy)	$36.6264	2016-11-01	Common Stock (200)		Direct
Employee Stock Option (right to buy)	$61.0440	2017-01-31	Common Stock (280)		Direct
Employee Stock Option (right to buy)	$61.0440	2017-04-18	Common Stock (3000)		Direct
Employee Stock Option (right to buy)	$40.6960	2018-07-09	Common Stock (488)		Direct
Employee Stock Option (right to buy)	$16.2784	2018-08-20	Common Stock (4726)		Direct
Employee Stock Option (right to buy)	$7.1218	2021-08-17	Common Stock (80745)		Direct
Common Stock Warrant (right to buy)	$50.8700	2014-06-20	Common Stock (1400)		Direct
Common Stock Warrant (right to buy)	$6.5114	2014-12-08	Common Stock (2041)		Direct

Footnotes

F1: Fully vested.

F2: The option vests as to (i) 1/4 of the shares subject to this option vest on July 21, 2010 and (ii) 1/48 of the remaining shares subject to this option vest each month, commencing August 21, 2010.

F3: The option vests as to 1/48th of the shares each month with (i) 6 months of shares vesting on August 18, 2011 and (ii) the remaining shares vesting equally for 42 consecutive months beginning September 17, 2011.

F4: Immediately exercisable.