SEC Form 4 · accession 0001437749-16-043790

MILESTONE SCIENTIFIC INC. · MLSS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO · Director · 10% Owner

Period of report

Dec 23, 2016

Accepted (ET)

Dec 27, 2016 · 3:41 pm EST

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^F3,F1	Dec 23, 2016	A	66,667	—	A	3,003,902	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Options to purchase Common stock^F2	$1.93	holding	—	—	—	Dec 2, 2016	Dec 2, 2021	Common stock	171,429	171,429	D
Options to purchase Common stock	$0.75	holding	—	—	—	Jan 9, 2012	Jan 9, 2017	Common stock	133,334	133,334	D
Options to purchase Common stock^F4	$1.65	holding	—	—	—	Dec 31, 2013	Dec 31, 2018	Common stock	248,448	248,448	D
Options to purchase Common stock	$1.49	holding	—	—	—	Nov 1, 2009	Nov 1, 2019	Common stock	73,333	73,333	D
Options to purchase Common stock^F5	$2.38	holding	—	—	—	Nov 20, 2014	Nov 1, 2019	Common stock	185,185	185,185	D
Options to purchase Common stock^F6	$3.49	holding	—	—	—	Jun 20, 2015	Jun 20, 2020	Common stock	57,307	57,307	D
Options to purchase Common stock^F7	$1.89	holding	—	—	—	Feb 4, 2016	Feb 4, 2021	Common stock	82,988	82,988	D

F1776,862 shares are issuable to the reporting person at the termination of employment.
F2These options are exercisable as follows: (i) for 57,143 shares on the date of grant (12-2-16) and (ii) for an additional 1/3 of the 114,286 remaining shares on each of the 1st through 3rd anniversaries of the date of grant.
F3Not applicable.
F4These options are exercisable as follows: (i) immediately for 193,210 and (ii) for an additional 55,238 on 12/31/16.
F5These 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.
F6These options are exercisable as follows: (i) for 19,102 shares on the date of grant (6-20-15) and (ii) for an additional 1/3 of the 38,205 remaining shares on each of the 1st through 3rd anniversaries of the date of grant.
F7These options are exercisable as follows: (i) for 27,663 shares on the date of grant (2-4-16) and (ii) for an additional 1/3 of the 55,325 remaining shares on each of the 1st through 3rd anniversaries of the date of grant.