0001161697-23-000576.txt : 20231117
0001161697-23-000576.hdr.sgml : 20231117
20231117160404
ACCESSION NUMBER: 0001161697-23-000576
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231115
FILED AS OF DATE: 20231117
DATE AS OF CHANGE: 20231117
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Miller Kenneth E
CENTRAL INDEX KEY: 0001999516
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39086
FILM NUMBER: 231418548
MAIL ADDRESS:
STREET 1: 26 MOUNTAINVIEW RD
CITY: WARREN
STATE: NJ
ZIP: 07059
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: KORU Medical Systems, Inc.
CENTRAL INDEX KEY: 0000704440
STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
IRS NUMBER: 133044880
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 CORPORATE DRIVE
CITY: MAHWAH
STATE: NJ
ZIP: 07430
BUSINESS PHONE: 845-469-2042
MAIL ADDRESS:
STREET 1: 100 CORPORATE DRIVE
CITY: MAHWAH
STATE: NJ
ZIP: 07430
FORMER COMPANY:
FORMER CONFORMED NAME: REPRO MED SYSTEMS INC
DATE OF NAME CHANGE: 19920703
4
1
form_4.xml
FORM 4 FOR 11-15-2023
X0508
4
2023-11-15
0
0000704440
KORU Medical Systems, Inc.
KRMD
0001999516
Miller Kenneth E
C/O KORU MEDICAL SYSTEMS, INC.
100 CORPORATE DRIVE
MAHWAH
NJ
07430
0
1
0
0
Chief Commercial Officer
0
Option to buy Common Stock
2.18
2023-11-15
4
A
0
200000
0
A
2033-11-15
Common Stock
200000
200000
D
Option to buy Common Stock
2.18
2023-11-15
4
A
0
200000
0
A
2033-11-15
Common Stock
200000
400000
D
Nonqualified stock options granted as an inducement to employment. Options vest in increments of 50,000 on the first anniversary of the date of grant and each anniversary thereafter until fully vested.
Nonqualified stock options awards vest based on a schedule of the Company's net sales growth targets for each of the fiscal years ended 12/31/2024 through 12/31/2026.
The filing of this statement shall not be construed as an admission (a) that the person filing this statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this statement, or (b) that this statement is legally required to be filed by such person. Power of Attorney has been previously filed.
/s/ Thomas Adams, Attorney-In-Fact
2023-11-17