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BIOLIFE SOLUTIONS INC Director's Dealing 2014

Mar 26, 2014

32106_dirs_2014-03-26_88c35f34-fd39-4f6d-b5ee-9c5778db0b1a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BIOLIFE SOLUTIONS INC (BLFS)
CIK: 0000834365
Period of Report: 2014-03-25

Reporting Person: VILLIGER WALTER (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-03-25 Common Stock J 1777211 Acquired 1777211 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-03-25 Common Stock Warrants $4.75 J 1777211 Acquired 2021-03-25 Common Stock (1777211) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1374293 Direct

Footnotes

F1: Units consisting of common stock and warrants were issued to WAVI Holding AG ("WAVI") in connection with conversion of outstanding promissory notes and interest accrued thereon.

F2: Each unit acquired in the conversion consisted of 1 common stock and 1 common stock warrant at a price of $4.30 per unit.

F3: These shares and warrants are owned directly by WAVI, a 10% owner of the Issuer, and indirectly by the Reporting Person as sole owner of WAVI. The Reporting Person is a 10% owner of the Issuer.

F4: Common stock reflected takes into account 1-for-14 split effectuated by the Issuer on January 29, 2014.