SEC Form 4 · accession 0001209191-15-056183
ATHERSYS, INC / NEW · ATHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gil Van Bokkelen
Officer — Chmn & Chief Executive Officer · Director
Period of report
Jun 24, 2015
Accepted (ET)
Jun 25, 2015 · 1:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001368148
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 24, 2015 | A | 89,248 | $0.00 | A | 933,919 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee incentive stock option (right to purchase)F3 | $1.28 | Jun 24, 2015 | A | 200,752 | A | — | Jun 24, 2025 | Common Stock | 200,752 | 200,752 | D |
Explanation of responses
- F1Award of annual restricted stock units, each of which represents a contingent right to receive one share of Athersys, Inc. common stock after vesting. The restricted stock units vest ratably on a quarterly basis over a four-year period.
- F2Securities beneficially owned are comprised of: (1) 543,751 shares of common stock owned, (2) 231,680 restricted stock units awarded on June 20, 2013 related to the termination of 2005 incentive agreements that will vest ratably on a quarterly basis through June 18, 2016, and (3) restricted stock units awarded on an annual basis amounting to 158,488 that vest quarterly over a four-year period from grant date.
- F3Award of an annual incentive stock option. The option vests ratably on a quarterly basis over a four-year period.