Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CTSO | Common Stock | Award | $0 | +73K | +14.51% | $0.00 | 576K | Jul 7, 2023 | Direct | F1, F2, F3, F4 |
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) | Award | $0 | +91K | $0.00 | 91K | Jul 7, 2023 | Common Stock | 91K | $3.53 | Direct | F5 | |
transaction | CTSO | Stock Option (right to buy) | Award | $0 | +42K | $0.00 | 42K | Jul 7, 2023 | Common Stock | 42K | $3.53 | Direct | F6 |
Id | Content |
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F1 | These shares represent restricted stock units ("RSUs") which shall vest as to two-thirds of the award on the first anniversary of the date of grant and shall vest as to one-third of the award on the second anniversary of the date of grant, subject to the reporting person's continued service as of the applicable vesting date. |
F2 | Includes (a) the following RSUs that will be settled into Common Stock upon vesting upon a "Change In Control" of CytoSorbents Corporation (the "Company") as defined in the Amended and Restated CytoSorbents Corporation 2014 Long-Term Incentive Plan (the "Plan"): (i) 10,100 RSUs granted on March 15, 2018, (ii) 17,900 RSUs granted on February 24, 2017, (iii) 54,000 RSUs granted on June 7, 2016 and (iv) 125,000 RSUs granted on April 8, 2015; |
F3 | (continued from footnote 2) (b) the following RSUs: (i) 46,000 RSUs granted on August 10, 2022 and unvested as of the date hereof (which vest as to one-third of the award on each of the date of grant, the first anniversary of the date of grant, and the second anniversary of the date of grant, subject to the reporting person's continued service as of the applicable vesting date) and (ii) 73,000 RSUs granted on July 7, 2023 and reported on this Form 4; and |
F4 | (continued from footnote 3) (c) 250,153 shares of Common Stock owned by the reporting person. |
F5 | These stock options were granted pursuant to the Plan. The shares underlying these stock options vest as to one-half of the award on the first anniversary of the date of grant, one-fourth of the award on the second anniversary of the date of grant, and one-fourth of the award on the third anniversary of the date of grant, subject to the reporting person's continued service as of the applicable vesting date. |
F6 | These stock options were granted pursuant to the Plan. The shares underlying these stock options vest as to one-half of the award on each of the first anniversary of the date of grant and the second anniversary of the date of grant, subject to the reporting person's continued service as of the applicable vesting date. |