4//SEC Filing
Deliargyris Efthymios 4
Accession 0001104659-25-075791
CIK 0001175151other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 7:34 PM ET
Size
15.1 KB
Accession
0001104659-25-075791
Insider Transaction Report
Form 4
Deliargyris Efthymios
Chief Medical Officer
Transactions
- Award
Common Stock
2025-08-08+70,000→ 473,025 total - Award
Stock Option (Right to Buy)
2025-08-08+95,000→ 95,000 totalExercise: $1.00Exp: 2035-08-08→ Common Stock (95,000 underlying)
Footnotes (5)
- [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: (ii) the following RSUs that will be settled into Common Stock upon vesting upon a "Change In Control" of the Company as defined in the Amended and Restated CytoSorbents Corporation 2014 Long-Term Incentive Plan (the "Plan"): (a) 120,000 RSUs granted on April 9, 2020 and (b) 55,000 RSUs granted on August 10, 2022;
- [F3](continued from footnote 2) (iii) the following RSUs, which vest in equal parts on the first year anniversary of the date of grant and the second year anniversary of the date of grant, subject to the reporting person's continued service as of the applicable vesting date, and will settle into shares of Common Stock of the Company upon vesting: 61,000 RSUs granted on April 2, 2024 and of which 30,500 remain unvested as of the date hereof; and
- [F4](continued from footnote 3) (iv) 197,525 shares of Common Stock owned by the reporting person.
- [F5]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.
Issuer
Cytosorbents Corp
CIK 0001175151
Entity typeother
Related Parties
1- filerCIK 0001751617
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 7:34 PM ET
- Size
- 15.1 KB