Cytosorbents Corp 4
4 · Cytosorbents Corp · Filed Jul 17, 2013
Insider Transaction Report
Form 4
BERGER RONALD
See Remarks
Transactions
- Award
Stock Option
2013-02-06+350,000→ 873,000 totalExercise: $0.11Exp: 2018-02-06→ Common Stock (350,000 underlying) - Award
Stock Option
2013-04-04+370,000→ 873,000 totalExercise: $0.12Exp: 2023-04-04→ Common Stock (370,000 underlying)
Footnotes (4)
- [F1]The options vest in equal amounts of 87,500 on each anniversary date of the grant date.
- [F2]On February 6, 2013, as consideration for services rendered, Mr. Ronald Berger was issued an option to purchase 350,000 shares of common stock at an exercise price of $0.106 per share which will expire on February 6, 2018.
- [F3]The options will become exercisable based on the achievement of certain milestones connected to the Company's operations, subject to approval by the Board of Directors.
- [F4]On April 6, 2013, as consideration for services rendered, Mr. Ronald Berger was issued an option to purchase 370,000 shares of common stock at an exercise price of $0.115 per share which will expire on April 6, 2023.