SEC Form 3

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

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1. Name and Address of Reporting Person* Callinan Nicholas (Last) (First) (Middle) 12988 VALLEY VIEW ROAD (Street) EDEN PRAIRIE MN 55344 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 02/14/2012	3. Issuer Name and Ticker or Trading Symbol Sunshine Heart, Inc. [ SSH ]
		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 of Original Filed (Month/Day/Year) 02/14/2012
			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 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	29,647(1)	I	By Beraleigh Pty Ltd.(2)

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: 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
Employee Stock Option (right to buy)	(3)	07/09/2018	Common Stock	5,000	16.2784	D
Employee Stock Option (right to buy)	(3)	07/09/2018	Common Stock	5,000	20.348	D
Employee Stock Option (right to buy)	(4)	12/08/2014	Common Stock	19,205	7.1218	D
Common Stock Warrant (right to buy)	(5)	12/08/2014	Common Stock	7,500	6.5114	I	By Beraleigh Pty Ltd.

Explanation of Responses:

1. This amendment corrects the number of shares beneficially owned.

2. All shares beneficially owned by Beraleigh Pty Ltd., of which Mr. Callinan is a director.

3. Fully vested.

4. The option vests as to 1/48th of the shares each month with (i) 6 months of the shares vesting on August 18, 2011, and (ii) the remaining shares vesting equally for 42 consecutive months beginning September 17, 2011.

5. Immediately exercisable.

	/s/ Kassendra D. Galindo, attorney-in-fact	03/02/2012
	** 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 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).
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