Filing Details

Accession Number:
0001144204-14-053100
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-08-28 18:25:25
Reporting Period:
2014-08-26
Filing Date:
2014-08-28
Accepted Time:
2014-08-28 18:25:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1175151 Cytosorbents Corp CTSO Surgical & Medical Instruments & Apparatus (3841) 980373793
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1443723 T. James Gunton C/O Cytosorbents Corporation
7 Deer Park Drive, Suite K
Monmouth Junction NJ 08852
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-08-18 3,106,988 $0.00 3,106,988 No 4 C Indirect By Partnership
Common Stock Disposition 2014-08-26 1,000,000 $0.24 2,106,988 No 4 S Indirect By Partnership
Common Stock Disposition 2014-08-27 360,000 $0.24 1,746,988 No 4 S Indirect By Partnership
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By Partnership
No 4 S Indirect By Partnership
No 4 S Indirect By Partnership
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series B Convertible Preferred Stock Disposition 2014-08-18 1,125 $0.00 3,106,988 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
39,091 No 4 C Indirect
Footnotes
  1. Each share of Series B Preferred Stock has a stated value of $100.00, is convertible at the holder's option into that number of shares of Common Stock equal to the Series B stated value at a conversion price of $0.0362, and has no expiration date.
  2. These securities are held directly by NJTC Investment Fund, LP, of which the Reporting Person is a partner. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or any other purpose.
  3. The price in column 4 is a weighted average price. The prices actually received by the reporting person in this transaction range from $0.237 to $0.25.
  4. The reporting person has provided to the issuer, and the issuer will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range reported.
  5. The price in column 4 is a weighted average price. The prices actually received by the reporting person in this transaction range from $0.24 to $0.25.