4//SEC Filing
Mortensen Eric R. 4
Accession 0001144204-19-035841
CIK 0001175151other
Filed
Jul 23, 8:00 PM ET
Accepted
Jul 24, 8:17 PM ET
Size
8.7 KB
Accession
0001144204-19-035841
Insider Transaction Report
Form 4
Mortensen Eric R.
Chief Medical Officer
Transactions
- Award
Common Stock
2019-07-22+12,200→ 145,612 total - Award
Stock Option (right to buy)
2019-07-22+48,700→ 48,700 totalExercise: $7.33Exp: 2029-07-22→ Common Stock (48,700 underlying)
Footnotes (3)
- [F1]These shares represent restricted stock units ("RSUs") which shall vest as to one-third of the award on each of the date of grant, the first anniversary of the date of grant, and the second anniversary 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.
- [F2]Includes (i) the following RSUs that will be settled into common stock upon a "Change In Control" of CytoSorbents Corporation, as defined in the Amended and Restated CytoSorbents Corporation 2014 Long-Term Incentive Plan (the "Plan"): (a) 20,000 RSUs granted on March 15, 2018 and (b) 100,000 RSUs granted on May 11, 2017; (ii) the following RSUs subject to vesting as set forth in footnote (1) and will be settled into common stock upon vesting: (a) 12,200 RSUs granted on July 22, 2019 and reported on this Form 4, (b) 4,667 RSUs granted on February 28, 2018 and unvested as of the date hereof and (c) 3,080 RSUs granted on March 4, 2019 and unvested as of the date hereof; and (iii) 5,665 shares of common stock owned by the reporting person.
- [F3]The stock option was granted pursuant to the Plan. The shares underlying the stock option vest as to one-quarter of the award on each of the date of grant, the first anniversary of the date of grant, the second anniversary of the date of grant and the third 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 0001708454
Filing Metadata
- Form type
- 4
- Filed
- Jul 23, 8:00 PM ET
- Accepted
- Jul 24, 8:17 PM ET
- Size
- 8.7 KB