Kim Jiny 4
4 · Cytosorbents Corp · Filed Jul 11, 2023
Insider Transaction Report
Form 4
Kim Jiny
Director
Transactions
- Award
Stock Option (right to buy)
2023-07-07+20,000→ 20,000 totalExercise: $3.53Exp: 2033-07-07→ Common Stock (20,000 underlying)
Holdings
- 70,300
Common Stock
Footnotes (2)
- [F1]Includes (a) 69,300 restricted stock units ("RSUs") granted on April 1, 2022 that will be settled into shares of the Issuer's 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 (the "Plan") and (b) 1,000 shares that were open market purchases made by the reporting person pursuant to a trading plan adopted by the reporting person that is intended to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended.
- [F2]The stock options were granted pursuant to the Plan. The shares underlying the stock options shall vest in full on the first anniversary of the award date, subject to the reporting person's continued service as of the applicable vesting date.