SEC Form 4 · accession 0001209191-15-028748
MILESTONE SCIENTIFIC INC. · MLSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard Osser
Officer — CEO · Director · 10% Owner
Period of report
Nov 20, 2014
Accepted (ET)
Mar 24, 2015 · 3:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000855683
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.001 par valueF1 | holding | — | — | — | 2,792,090 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to purchase common stockF5,F4 | $2.38 | Nov 20, 2014 | A | 185,185 | A | — | Nov 20, 2019 | Common Stock | 185,185 | 185,185 | D |
| Options to purchase common stockF3 | $1.49 | holding | — | — | — | Nov 1, 2009 | Nov 1, 2019 | Common Stock | 73,333 | 73,333 | D |
| Options to purchase common stockF2 | $1.65 | holding | — | — | — | Dec 31, 2013 | Dec 31, 2018 | Common Stock | 248,448 | 248,448 | D |
| Options to purchase common stockF3 | $0.75 | holding | — | — | — | Jan 9, 2012 | Jan 9, 2017 | Common Stock | 133,334 | 133,334 | D |
Explanation of responses
- F1Includes 706,717 shares of common stock issuable at the termination of employment.
- F2These options are exercisable as follows: (i) immediately for 137,972 and (ii) for an additional 55,238 on each of 12/31/15 and 12/31/16.
- F3Immediately exercisable.
- F4These options are exercisable as follows: (i) for 61,728 shares on the date of grant (11-20-14) and (ii) for an additional 1/3 of the 123,457 remaining shares on each of the 1st through 3rd anniversaries of the date of grant.
- F5Not applicable.