4//SEC Filing
MARIANI PETER J 4
Accession 0001104659-25-075794
CIK 0001175151other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 7:37 PM ET
Size
9.3 KB
Accession
0001104659-25-075794
Insider Transaction Report
Form 4
MARIANI PETER J
Chief Financial Officer
Transactions
- Award
Common Stock
2025-08-08+71,500→ 538,113 total - Award
Stock Option (Right to Buy)
2025-08-08+90,000→ 90,000 totalExercise: $1.00Exp: 2035-08-08→ Common Stock (90,000 underlying)
Footnotes (6)
- [F1]These shares represent restricted stock units ("RSUs") which shall vest in equal parts at the first and second year anniversaries of the date of grant, subject to the reporting person's continued service as of the applicable vesting date.
- [F2]Includes (a) 110,000 restricted stock units ("RSUs"), which will be settled into the Issuer's common stock, par value $0.001 per share (the "Common Stock"), upon vesting upon the earlier of (i) a "Change In Control" of the Issuer, as defined in the Reporting Person's employment agreement (the "Employment Agreement"), or (ii) the fourth anniversary from the date of grant, or August 14, 2028, subject to the Reporting Person's continued service as of the applicable vesting date;
- [F3](continued from footnote 2) (b) 65,000 RSUs, which shall vest as to one-half of the award on each of the first and second anniversaries of the date of grant, subject to the Reporting Person's continued service as of the applicable vesting date and will be settled into Common Stock upon vesting;
- [F4](continued from footnote 3) (c) 175,000 RSUs, which will be settled into Common Stock upon a "Change In Control" of the Issuer, as defined in the Reporting Person's Employment Agreement, subject to the Reporting Person's continued service as of the applicable vesting date; and
- [F5](continued from footnote 4) (d) 116,613 shares of Common Stock owned by the Reporting Person.
- [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 the first year anniversary of the date of grant, one-fourth of the award on the second year anniversary of the date of grant, and one-fourth of the award on the third year anniversary of the date of grant, subject to the reporting person's continued service as of the applicable vesting date.
Documents
Issuer
Cytosorbents Corp
CIK 0001175151
Entity typeother
Related Parties
1- filerCIK 0001222357
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 7:37 PM ET
- Size
- 9.3 KB