X0305 4 2012-06-07 0 0000744825 AMERICAN SHARED HOSPITAL SERVICES AMS 0001032011 RUFFLE JOHN F 1170 EIGHTH AVENUE BETHLEHEM PA 18016-7699 1 0 0 0 COMMON STOCK 2012-06-07 4 A 0 500 3.05 A 249911 D STOCK OPTION (RIGHT TO BUY) 3.05 2012-06-07 4 A 0 2000 3.05 A 2012-06-07 2013-06-06 COMMON STOCK 2000 23000 D THIS REPRESENTS AN AWARD OF RESTRICTED STOCK UNITS. EACH UNIT WILL ENTITLE THE REPORTING PERSON TO ONE SHARE OF THE ISSUER'S COMMON STOCK UPON VESTING. THE UNITS WILL VEST IN FULL UPON THE EARLIER OF (I) THE REPORTING PERSON'S COMPLETION OF ONE YEAR OF SERVICE MEASURED FROM JUNE 7, 2012, OR (II) SUCH INDIVIDUAL'S CONTINUATION IN BOARD SERVICE THROUGH THE DAY IMMEDIATELY PRECEDING THE 2013 ANNUAL SHAREHOLDERS MEETING (THE "VESTING DATE"). INCLUDES 500 SHARES SUBJECT TO THE REPORTED RESTRICTED STOCK UNIT AWARD WHICH WILL VEST IN FULL ON THE VESTING DATE. THE REPORTED STOCK OPTION WILL VEST IN FULL UPON THE EARLIER OF (I) THE REPORTING PERSON'S COMPLETION OF ONE YEAR OF SERVICE MEASURED FROM JUNE 7, 2012 OR (II) SUCH INDIVIDUAL'S CONTINUATION IN BOARD SERVICE THROUGH THE DAY IMMEDIATELY PRECEDING THE 2013 ANNUAL SHAREHOLDERS MEETING (THE "VESTING DATE"). ERIC OHWA ON BEHALF OF JOHN F RUFFLE 2012-06-11