SEC Form 4 · accession 0001437749-17-000555
MILESTONE SCIENTIFIC INC. · MLSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph D'Agostino
Officer — CFO & COO
Period of report
Jan 9, 2017
Accepted (ET)
Jan 11, 2017 · 6:01 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 StockF3,F1 | Jan 9, 2017 | A | 24,845 | — | A | 1,267,163 | 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 stockF3,F7 | $1.61 | Jan 9, 2017 | A | 49,689 | A | Jan 9, 2017 | Jan 9, 2022 | Common Stock, par value $.001 | 49,689 | 49,689 | D |
| Options to purchase common stockF4 | $1.72 | holding | — | — | — | — | Feb 4, 2021 | Common Stock, par value $.001 per share | 133,140 | 133,140 | D |
| Options to purchase common stockF2 | $1.28 | holding | — | — | — | — | Dec 31, 2017 | Common Stock, par value $.001 per share | 78,126 | 78,126 | D |
| Options to purchase common stockF2 | $1.50 | holding | — | — | — | — | Dec 31, 2018 | Common Stock, par value $.001 per share | 66,666 | 66,666 | D |
| Options to purchase common stockF5 | $2.09 | holding | — | — | — | — | Nov 11, 2019 | Common Stock, par value $.001 per share | 150,000 | 150,000 | D |
| Options to purchase common stockF6 | $2.03 | holding | — | — | — | — | Nov 20, 2019 | Common Stock, par value $.001 per share | 49,261 | 49,261 | D |
Explanation of responses
- F1191,046 of these shares are issuable to the reporting person at the termination of employment.
- F2Immediately.
- F3Not applicable.
- F4These options are exercisable as follows: (i) immediately for 44,380 shares on the date of grant (2-4-16); and (ii) for an additional 1/3 of the 88,760 remaining shares on each of the 1st through 3rd anniversaries of the date of grant.
- F5These options are exercisable as follows: (i) immediately for 116,667 shares; and (ii) for an additional 33,333 on the 3rd anniversary of the (11-11-14) date of grant.
- F6These options are exercisable as follows: (i) immediately for 38,315 shares; and (ii) for an additional 10,946 on the 3rd anniversary of the (11-20-14) date of grant.
- F7These options are exercisable as follows: (i) immediately for 16,563 shares on the date of grant (1-9-17); and (ii) for an additional 1/3 of the 33,126 remaining shares on each of the 1st through 3rd anniversaries of the date of grant.