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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option | $ 0.173 | 01/04/2010 | A | 175,000 | 01/04/2010(1) | 01/04/2020 | Common Stock | 175,000 | (2) | 225,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BARTLETT ROBERT HAWES C/O MEDASORB TECHNOLOGIES CORP. 7 DEER PARK DRIVE, SUITE K MONMOUTH JUNCTION, NJ 08852 |
Chief Medical Officer |
/s/ Robert Bartlett | 01/14/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The stock options issued to Mr. Bartlett do not all vest on 1/4/2010. The stock options issued to Mr. Bartlett become exercisable according to the following vesting schedule: 35,000 stock options vest on 01/04/10; 35,000 stock options vest on 01/04/11; 35,000 stock options vest on 01/04/12; 35,000 stock options vest on 01/04/13; and 35,000 stock options vest on 01/04/14 |
(2) | As compensation for services rendered, on January 4, 2010, Mr. Robert Bartlett was issued an option to purchase 175,000 shares of common stock at an exercise price of $0.173 per share which will expire on January 4, 2020. |