Kim Jiny 4
4 · Cytosorbents Corp · Filed Dec 15, 2023
Insider Transaction Report
Form 4
Kim Jiny
Director
Transactions
- Purchase
Common Stock Warrant (Right to Buy)
2023-12-13+2,631→ 2,631 totalExercise: $2.00From: 2023-12-13Exp: 2028-12-13→ Common Stock (2,631 underlying) - Purchase
Common Stock
2023-12-13$1.33/sh+7,519$10,000→ 77,819 total
Footnotes (2)
- [F1]These securities were purchased by the reporting person in the registered direct offering of CytoSorbents Corporation (the "Company"), which closed on December 13, 2023. In the offering, each share of common stock, par value $0.001 per share (the "Common Stock") of the Company was purchased together with an accompanying warrant to purchase up to 0.35 shares of Common Stock, at a combined offering price of $1.33 per share of Common Stock and accompanying warrant.
- [F2]Includes (a) 69,300 restricted stock units ("RSUs") granted on April 1, 2022 that will be settled into shares of Common Stock upon vesting upon a "Change In Control" of the Company as defined in the Amended and Restated CytoSorbents Corporation 2014 Long-Term Incentive Plan (the "Plan") and (b) 8,519 shares of Common Stock owned by the reporting person.