Sec Form 4 Filing - Grossman Jerrold B @ ADMA BIOLOGICS, INC. - 2024-08-29

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
Grossman Jerrold B
2. Issuer Name and Ticker or Trading Symbol
ADMA BIOLOGICS, INC. [ ADMA]
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)
C/O ADMA BIOLOGICS, INC., 465 STATE ROUTE 17
3. Date of Earliest Transaction (MM/DD/YY)
08/29/2024
(Street)
RAMSEY, NJ07446
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/29/2024 M 118,861 A $ 3.66 586,166 D
Common Stock 08/29/2024 M 9,000 A $ 5.96 595,166 D
Common Stock 08/29/2024 M 9,000 A $ 10.8 604,166 D
Common Stock 08/29/2024 S 136,861 D $ 17.2725 ( 1 ) 467,305 ( 2 ) D
Common Stock 22,857 I See Footnote ( 3 )
Common Stock 31,381 I See Footnote ( 4 )
Common Stock 38,294 I See Footnote ( 5 )
Common Stock 175 I See Footnote ( 6 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock $ 3.66 08/29/2024 M 118,861 ( 7 ) 06/06/2027 Common Stock 118,861 $ 3.66 0 D
Common Stock $ 5.96 08/29/2024 M 9,000 ( 10 ) ( 8 ) 01/28/2026 Common Stock 9,000 $ 5.96 0 D
Common Stock $ 10.8 08/29/2024 M 9,000 ( 10 ) ( 9 ) 01/30/2025 Common Stock 9,000 $ 10.8 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Grossman Jerrold B
C/O ADMA BIOLOGICS, INC.
465 STATE ROUTE 17
RAMSEY, NJ07446
X
Signatures
/s/ Dr. Jerrold B. Grossman, by Adam S. Grossman as Attorney-in-fact 08/30/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $17.17 to $17.595. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
( 2 )Includes, as of the transaction date, (i) 12,020 restricted stock units granted on February 26, 2024, which will vest in full on February 26, 2025, subject to the Reporting Person's continued service as of the applicable vesting date; and (ii) 455,285 shares of common stock owned by the reporting person.
( 3 )These shares are owned by Brookwood LLC ("Brookwood"). The reporting person is the managing member of Brookwood.
( 4 )These shares are owned by the Jerrold Grossman 2019 Irrevocable Trust, of which Dr. Grossman serves as investment trustee.
( 5 )These shares are owned by Genesis Foundation Inc. ("Genesis"). The reporting person is the President of Genesis.
( 6 )These shares are owned by the reporting person's wife.
( 7 )These options were granted on June 6, 2017 and vested in twenty-four equal monthly installments, becoming fully vested on June 6, 2019.
( 8 )These options were granted on January 28, 2016 and vested in twenty-four equal monthly installments, becoming fully vested on January 28, 2018.
( 9 )These options were granted on January 30, 2015 and vested in twenty-four equal monthly installments, becoming fully vested on January 30, 2017.
( 10 )The Reporting Person is exercising these options due, in part, to their near-term expiration date.

Remarks:
Exhibit 24 - Power of Attorney

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