Filing Details

Accession Number:
0001104659-24-128223
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-13 08:00:13
Reporting Period:
2024-12-11
Accepted Time:
2024-12-13 08:00:13
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
1222357 J Peter Mariani C/O Cytosorbents Corporation
305 College Road East
Princeton NJ 08540
Chief Financial Officer No Yes 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 2024-12-11 11,363 $0.89 361,363 No 4 P Direct
Common Stock Acquisiton 2024-12-12 20,000 $0.89 381,363 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Footnotes
  1. Reflects open market purchases made by the Reporting Person. The price reported in Column 4 is the weighted average price of purchases made in multiple transactions at prices ranging from $0.8289 to $0.92. The Reporting Person undertakes to provide full information regarding the number of shares purchased at each separate price within the range set forth herein upon request.
  2. Reflects open market purchases made by the Reporting Person. The price reported in Column 4 is the weighted average price of purchases made in multiple transactions at prices ranging from $0.88 to $0.90. The Reporting Person undertakes to provide full information regarding the number of shares purchased at each separate price within the range set forth herein upon request.
  3. 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, subject to the Reporting Person's continued service as of the applicable vesting date;
  4. (continued from footnote 3) (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;
  5. (continued from footnote 4) (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
  6. (continued from footnote 5) (d) 31,363 shares of Common Stock owned by the Reporting Person.