0001437749-21-000582.txt : 20210112
0001437749-21-000582.hdr.sgml : 20210112
20210112171133
ACCESSION NUMBER: 0001437749-21-000582
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200804
FILED AS OF DATE: 20210112
DATE AS OF CHANGE: 20210112
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: OSSER LEONARD
CENTRAL INDEX KEY: 0001188354
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14053
FILM NUMBER: 21524199
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MILESTONE SCIENTIFIC INC.
CENTRAL INDEX KEY: 0000855683
STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842]
IRS NUMBER: 133545623
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 220 SOUTH ORANGE AVENUE
CITY: LIVINGSTON
STATE: NJ
ZIP: 07039
BUSINESS PHONE: (973) 535-2717
MAIL ADDRESS:
STREET 1: 220 SOUTH ORANGE AVENUE
CITY: LIVINGSTON
STATE: NJ
ZIP: 07039
FORMER COMPANY:
FORMER CONFORMED NAME: MILESTONE SCIENTIFIC INC/NJ
DATE OF NAME CHANGE: 19970409
FORMER COMPANY:
FORMER CONFORMED NAME: U S OPPORTUNITY SEARCH INC
DATE OF NAME CHANGE: 19920703
4/A
1
rdgdoc.xml
FORM 4/A
X0306
4/A
2020-08-04
2020-08-05
0000855683
MILESTONE SCIENTIFIC INC.
MLSS
0001188354
OSSER LEONARD
C/O MILESTONE SCIENTIFIC INC.
425 EAGLE ROCK AVENUE
ROSELAND
NJ
07068
1
1
Interim CEO
Common Stock, Par Value $0.001
2020-08-04
4
J
0
133333
2.10
D
3927727
D
1,492,354 of these shares are issuable to the reporting person at the termination of employment.
This amendment, dated January 12, 2021, to the Form 4 Report filed August 5, 2020 of the reporting person is being made to correct the characterization of the transaction. On August 4, 2020, the reporting person transferred 133,333 shares of Milestone Scientific Inc. ("Milestone") to Care Pro Solutions, Inc. ("Care Pro"), a Delaware corporation. The reporting person as of August 4, 2020 and thereafter was not a controlling stockholder, director or officer of Care Pro nor held or holds any investment control over the portfolio of securities that Care Pro held or holds. Therefore, the reporting person is able to take advantage of the non-exclusive safe harbor of Rule 16a-1(a)(2)(iii) under which the reporting person is not deemed the beneficial owner of a corporation's portfolio. In addition, to the extent that in the future the reporting person is no longer able to take advantage of the exclusion of beneficial ownership of the portfolio of securities held by Care Pro as provided by Rule 16a-1(a)(2)(iii), the transaction of August 4, 2020 will be a change of ownership from direct to indirect. The previously reported purchase of Milestone common stock on the Form 4 filed on August 5, 2020 was therefore not reported consistent with non-exclusive safe harbor of Rule 16a-1(a)(2)(iii) or the correct characterization of the mere change from direct to indirect ownership
/s/ Leonard Osser
2021-01-12