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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT 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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| 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 1474 (9-02) | ||
| 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 Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Option | $ 2.59 | 05/20/2010 | A | 80,000 | (1) | 05/20/2020 | Common Stock | 80,000 | $ 0 | 80,000 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| Weston Paul C/O ALLIED HEALTHCARE INTERNATIONAL INC. 245 PARK AVENUE NEW YORK, NY 10167 |
Chief Financial Officer | |||
| /s/ Marvet Abbassi, Attorney-in-Fact | 05/21/2010 | |
| **Signature of Reporting Person | Date |
| * | 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) | On May 20, 2010, the reporting person was granted an option to purchase 80,000 shares of common stock of the issuer. Thirty two thousand (32,000) of the shares subject to the option vest as follows: 25% of such shares vest on the date on which the issuer files its annual report for its fiscal year ending September 30, 2011; 25% of such shares vest on the second anniversary of the date of grant; and 50% of such shares vest on the third anniversary of the date of grant. The remaining 48,000 shares subject to the option will vest in accordance with the foregoing schedule, but the vesting of such shares is also subject to the achievement by the issuer of certain performance criteria in respect of its fiscal year ending September 30, 2011. |