Vincent Capponi - Mar 23, 2024 Form 4 Insider Report for Cytosorbents Corp (CTSO)

Signature
/s/ Kathleen P. Bloch attorney-in-fact for Vincent Capponi
Stock symbol
CTSO
Transactions as of
Mar 23, 2024
Transactions value $
$0
Form type
4
Date filed
4/2/2024, 09:32 PM
Previous filing
Dec 15, 2023
Next filing
Apr 4, 2024

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) Award +48.9K 48.9K Mar 29, 2024 Common Stock 130K $0.95 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person participated in a voluntary salary reduction for the period from April 1, 2024, to December 31, 2024, and these stock options were granted in connection with the salary reduction. These stock options were issued pursuant to the Amended and Restated CytoSorbents Corporation 2014 Long-Term Incentive Plan. The shares underlying these stock options will vest fully on January 31, 2025, except as set forth on the corresponding non-qualified stock option agreement and subject to the reporting person's continued service as of the applicable vesting date.