Edgar Filing: Gunton James T.

Ownership Submission

FORM 5

	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported
	Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL STATEMENT 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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1. Name and Address of Reporting Person ^*

Gunton James T.

2. Issuer Name and Ticker or Trading Symbol
Cytosorbents Corp [CTSO]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

7 DEER PARK DRIVE, SUITE K

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2012

(Street)

MONMOUTH JUNCTION,Â NJÂ 08852

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Reporting
(check applicable line)
_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price

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 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

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 at End of Issuer's Fiscal Year
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Options

$ 0.165

01/18/2012

108,000

01/18/2012

01/18/2022

Common Stock, par value $0.001 per share

108,000

⁽²⁾

339,000 ⁽³⁾

By Partnership ⁽¹⁾

Stock Options

$ 0.166

01/01/2010

108,000

01/01/2010

01/01/2020

Common Stock, par value $0.001 per share

108,000

⁽²⁾

339,000 ⁽³⁾

By Partnership ⁽¹⁾

Stock Options

$ 0.154

03/31/2010

2,000

03/31/2010

03/31/2020

Common Stock, par value $0.001 per share

2,000

⁽²⁾

339,000 ⁽³⁾

By Partnership ⁽¹⁾

Stock Options

$ 0.134

12/31/2010

102,000

12/31/2010

12/31/2020

Common Stock, par value $0.001 per share

102,000

⁽²⁾

339,000 ⁽³⁾

By Partnership ⁽¹⁾

Stock Options

$ 0.09

09/30/2010

2,000

09/30/2010

09/30/2020

Common Stock, par value $0.001 per share

2,000

⁽²⁾

339,000 ⁽³⁾

By Partnership ⁽¹⁾

Stock Options

$ 0.089

06/30/2010

2,000

06/30/2010

06/30/2020

Common Stock, par value $0.001 per share

2,000

⁽²⁾

339,000 ⁽³⁾

By Partnership ⁽¹⁾

Series B Convertible Preferred

$ 0.0362

10/05/2009

2,500

Â ⁽⁴⁾

Â ⁽⁵⁾

Common Stock, par value $0.001 per share

6,906,077

$ 250,000

95,796,105

By Partnership ⁽¹⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Gunton James T. 7 DEER PARK DRIVE, SUITE K MONMOUTH JUNCTION,Â NJÂ 08852	Â X	Â	Â	Â

Signatures

/s/ James T. Gunton		02/14/2013
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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)	These Stock Options are held directly by NJTC Venture Fund SBIC, LP, of which the Reporting Person is a partner. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended or any other purpose.
(2)	The stock options were issued as compensation for services rendered.
(3)	Includes all of the options to purchase Common Stock by James Gunton, directly and indirectly. These include 15,000 option to purchase Common Stock by Jim Gunton reported on Form 4 filed with the SEC on January9, 2009.
(4)	Immediately Exercisable.
(5)	Not Applicable
Â Remarks: TheÂ FormÂ 4Â filedÂ withÂ theÂ SECÂ onÂ JanuaryÂ 9,Â 2009Â incorrectlyÂ disclosedÂ thatÂ theÂ StockÂ OptionsÂ grantedÂ onÂ DecemberÂ 31,Â 2008Â wereÂ heldÂ directlyÂ byÂ JamesÂ Gunton.Â Â Rather,Â heÂ holdsÂ theseÂ StockÂ OptionsÂ indirectlyÂ throughÂ Â NJTCÂ VentureÂ FundÂ SBIC,Â LP,Â ofÂ whichÂ theÂ JamesÂ GuntonÂ isÂ aÂ partner.Â JamesÂ GuntonÂ disclaimsÂ beneficialÂ ownershipÂ ofÂ theseÂ securitiesÂ exceptÂ toÂ theÂ extentÂ ofÂ hisÂ pecuniaryÂ interestÂ thereinÂ andÂ thisÂ reportÂ shallÂ notÂ beÂ deemedÂ anÂ admissionÂ thatÂ JamesÂ GuntonÂ isÂ theÂ beneficialÂ ownerÂ ofÂ suchÂ securitiesÂ forÂ purposesÂ ofÂ SectionÂ 16Â ofÂ theÂ SecuritiesÂ andÂ ExchangeÂ ActÂ ofÂ 1934,Â asÂ amendedÂ orÂ anyÂ otherÂ purpose.

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