A. Jeffrey Radov Form 4 BioRestorative Therapies / A. Jeffrey Radov ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Radov A. Jeffrey

(Last) (First) (Middle)

8 WALWORTH AVENUE

(Street)

SCARSDALE NY 10583

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BioRestorative Therapies, Inc. [ BRTX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/14/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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								12,500	D

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 (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 Securities Underlying Derivative Security (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: 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
Stock Option	$21	02/14/2017		D			30,000	(1)	02/09/2022	Common Stock	30,000	(8)	0	D
Stock Option	$4.7	02/14/2017		A		30,000		(1)	02/09/2022	Common Stock	30,000	(8)	30,000	D
Stock Option	$30	02/14/2017		D			5,000	(2)	12/07/2022	Common Stock	5,000	(8)	0	D
Stock Option	$4.7	02/14/2017		A		5,000		(2)	12/07/2022	Common Stock	5,000	(8)	5,000	D
Stock Option	$12	02/14/2017		D			12,500	(3)	10/04/2023	Common Stock	12,500	(8)	0	D
Stock Option	$4.7	02/14/2017		A		12,500		(3)	10/04/2023	Common Stock	12,500	(8)	12,500	D
Stock Option	$13	02/14/2017		D			25,000	(4)	02/18/2024	Common Stock	25,000	(8)	0	D
Stock Option	$4.7	02/14/2017		A		25,000		(4)	02/18/2024	Common Stock	25,000	(8)	25,000	D
Stock Option	$6.6	02/14/2017		D			50,000	(5)	10/23/2024	Common Stock	50,000	(8)	0	D
Stock Option	$4.7	02/14/2017		A		50,000		(5)	10/23/2024	Common Stock	50,000	(8)	50,000	D
Stock Option	$7	02/14/2017		D			115,500	(6)	09/04/2025	Common Stock	115,500	(8)	0	D
Stock Option	$4.7	02/14/2017		A		115,500		(6)	09/04/2025	Common Stock	115,500	(8)	115,500	D
Stock Option	$3.73							(7)	06/10/2026	Common Stock	128,000		128,000	D

Explanation of Responses:

1. The option is exercisable to the extent of 15,000 shares on each of February 10, 2012 and February 10, 2013.

2. The option is exercisable to the extent of 2,500 shares on each of December 7, 2012 and December 7, 2013.

3. The option is exercisable to the extent of 6,250 shares on each of October 4, 2013 and October 4, 2014.

4. The option is exercisable to the extent of 8,334 shares on February 18, 2014, and 8,333 shares on each of February 18, 2015 and February 18, 2016.

5. The option is exercisable to the extent of 16,667 shares on each of October 23, 2015 and Octobe 23, 2016 and 16,666 shares on October 23, 2017.

6. The option is exercisable to the extent of 57,750 shares on December 22, 2015, and 19,250 shares on each of September 4, 2016, September 4, 2017 and September 4, 2018.

7. The option is exercisable to the extent of 42,667 shares on each of June 10, 2016 and June 10, 2017, and 42,666 shares on June 10, 2018.

8. The reported transactions involved an amendment of an outstanding stock option, resulting in the deemed cancellation of the "old" stock option and the grant of a "replacement" stock option at a reduced exercise price.

	/s/ A. Jeffrey Radov	02/14/2017
	** Signature of Reporting Person	Date
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