Edward Raymond Jones - 09 Dec 2021 Form 4 Insider Report for Cytosorbents Corp (CTSO)

Role
Director
Signature
/s/ Kathleen P. Bloch attorney-in-fact for Edward R. Jones
Issuer symbol
CTSO
Transactions as of
09 Dec 2021
Net transactions value
-$0.42
Form type
4
Filing time
13 Dec 2021, 18:59:47 UTC
Next filing
17 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTSO Common Stock Options Exercise $16,500 +4,000 +5.1% $4.12 82,800 09 Dec 2021 Direct
transaction CTSO Common Stock Tax liability $16,500 -3,161 -3.8% $5.22 79,639 09 Dec 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CTSO Stock Option (right to buy) Options Exercise $0 -4,000 -100% $0.000000* 0 09 Dec 2021 Common Stock 4,000 $4.12 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

1. Includes: (i) the following Restricted Stock Units ("RSUs") that will be settled into common stock upon vesting upon a "Change In Control" of the Issuer as defined in the Amended and Restated CytoSorbents Corporation 2014 Long-Term Incentive Plan: (a) 55,000 RSUs granted on April 8, 2015, (b) 5,000 RSUs granted on June 7, 2016, (c) 6,000 RSUs granted on February 24, 2017 and (d) 3,300 RSUs granted on March 15, 2018; and (ii) 10,339 shares of the Issuer's common stock owned by the reporting person, inclusive of the shares acquired after giving effect to the transactions reported on this Form 4.