Jones Edward Raymond 4
4 · Cytosorbents Corp · Filed Dec 15, 2023
Insider Transaction Report
Form 4
Jones Edward Raymond
Director
Transactions
- Purchase
Common Stock
2023-12-13$1.33/sh+7,519$10,000→ 88,834 total - 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)
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: (i) the following Restricted Stock Units ("RSUs") that will be settled into Common Stock vesting upon a "Change In Control" of the Company 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) 19,534 shares of Common Stock owned by the reporting person.