Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  GRASMICK LOUIS J
 2. Date of Event Requiring Statement (Month/Day/Year)
11/20/2013		 3. Issuer Name and Ticker or Trading Symbol
CAPRICOR THERAPEUTICS, INC. [NLTXD]
(Last)
(First)
(Middle)
C/O CAPRICOR THERAPEUTICS, INC., 8840 WILSHIRE BLVD., 2ND FLOOR		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

BEVERLY HILLS, CA 90211		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
COMMON STOCK 897,512
I
See Footnote (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) 11/01/2007(2) 11/01/2017 COMMON STOCK 20,748 $ 0.16 D  
Stock Option (right to buy) 09/25/2010(3) 09/25/2020 COMMON STOCK 82,994 $ 0.37 D  
Stock Option (right to buy) 04/27/2012(4) 04/27/2022 COMMON STOCK 154,555 $ 0.37 D  
Stock Option (right to buy) 04/27/2012(5) 04/27/2022 COMMON STOCK 124,491 $ 0.37 D  
Stock Option (right to buy) 02/22/2013(6) 02/22/2023 COMMON STOCK 14,015 $ 0.37 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GRASMICK LOUIS J
C/O CAPRICOR THERAPEUTICS, INC.
8840 WILSHIRE BLVD., 2ND FLOOR
BEVERLY HILLS, CA 90211		   X      

Signatures

/s/ Linda Marban, as Attorney-in-Fact 11/30/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) 897,512 shares of common stock are beneficially owned by Nancelou, Inc. Mr. Grasmick and his wife each own 50% of Nancelou, Inc. and therefore are deemed to be the beneficial owners of all shares of Capricor Therapeutics, Inc. held by Nancelou, Inc. Mr. Grasmick and his wife are deemed to have shared voting and dispositive power with respect to the shares beneficially owned by Nancelou, Inc.
(2) Vesting schedule is as follows: This option is deemed fully vested.
(3) Vesting schedule is as follows: This option is deemed fully vested.
(4) Vesting schedule is as follows: This option vests monthly over 48 months commencing May 1, 2012.
(5) Vesting schedule is as follows: This option is deemed fully vested.
(6) Vesting schedule is as follows: 25% of the shares of common stock subject to this option vested immediately, with the remainder vesting over 36 months commencing May 1, 2013.
 
Remarks:
Exhibit 24 - Power of Attorney

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