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*
ESPOSITO JOSEPH A

(Last) (First) (Middle)
4995 GULF OF MEXICO DRIVE, UNIT 501

(Street)
LONG BOAT KEY FL 34228

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MedClean Technologies, Inc. [ MCLN ]
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)
08/06/2010
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 25,538,500 D(3)
Common Stock 20,900,000 I By E4 LLC
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
Warrant $0.0075 08/06/2010 X 5,538,500 08/04/2008 08/04/2013 Common Stock 5,538,500 $0 0 D(3)
Warrant $0.004 08/25/2010 X 12,000,000 08/04/2008 08/04/2013 Common Stock 12,000,000 $0 0 I By E4 LLC
Warrant (1) (1) (1) Common Stock (1) 620,000(2) I By E4 LLC
Warrant (1) (1) (1) Common Stock (1) 112,000,000(2) I By E4 LLC
Explanation of Responses:
1. N/A
2. Mr. Esposito currently indirectly beneficially owns 112,620,000 shares issuable upon exercise of warrants and options held by E4, LLC, of which (i) 620,000 warrants are exercisable at a price of $0.0075 per share and (ii) 112,000,000 options are exercisable at a price of $0.004 per share.
3. By Joseph Esposito IRA
Remarks:
This Form 4 is being filed pursuant to (i) the assignment of certain derivative securities from Joseph Esposito, individually, to an entity controlled by Mr. Esposito, E4 LLC, and (ii) certain exercises of warrants, as noted above. Mr. Esposito has not sold any securities underlying the above referenced transactions.
/s/Joseph A. Esposito 08/31/2010
** 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).
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