Urdea Michael S Form 4 PRESSURE BIOSCIENCES / Michael S Urdea 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

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden
hours per response:	0.5

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^*

Urdea Michael S

(Last) (First) (Middle)

100 BUNCE MEADOWS DRIVE

(Street)

ALAMO CA 94507

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PRESSURE BIOSCIENCES INC [ PBIO ]

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)
12/19/2018

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

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
Non-Qualified Stock Option	$3.4	12/19/2018(1)		D			2,833	(1)	07/18/2028	Common Stock	2,833	$0	0(3)	D
Non-Qualified Stock Option	$3.4	12/19/2018(1)		A		2,833		(2)	12/19/2028	Common Stock	2,833	$0	2,833(4)	D
Non-Qualified Stock Option	$3.4	12/19/2018(1)		D			2,767	(1)	07/18/2028	Common Stock	2,767	$0	0(3)	D
Non-Qualified Stock Option	$3.4	12/19/2018(1)		A		2,767		(2)	12/19/2028	Common Stock	2,767	$0	5,600(4)	D
Non-Qualified Stock Option	$3.4	12/19/2018(1)		D			2,834	(1)	07/18/2028	Common Stock	2,834	$0	0(3)	D
Non-Qualified Stock Option	$3.4	12/19/2018(1)		A		2,834		(2)	12/19/2028	Common Stock	2,834	$0	8,434(4)	D

Explanation of Responses:

1. The reported transactions involved an amendment of an outstanding stock option, resulting in the deemed cancellation of the old stock option granted on July 18, 2018 and the grant of a replacement stock option dated December 19, 2018, which includes the same exercise price of $3.40 and a new expiration date of December 19, 2028.

2. Stock options vest 5/12th for the first month then 1/12th per month for the remaining months for a total of 12 months.

3. 2015 Nonqualified Stock Option Plan.

4. 2013 Equity Incentive Plan.

	/s/ Michael S. Urdea	12/21/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.