SEC Form 4 · accession 0001209191-16-142048
ATHERSYS, INC / NEW · ATHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Harrington
Officer — Exec Vice Pres and CSO · Director
Period of report
Sep 15, 2016
Accepted (ET)
Sep 19, 2016 · 5:29 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 | Sep 15, 2016 | S | 7,500 | $1.9723 | D | 619,639 | D | |
| Common StockF1,F3 | Sep 16, 2016 | S | 7,500 | $1.9542 | D | 612,139 | D | |
| Common StockF4,F5 | Sep 17, 2016 | F | 5,247 | $1.97 | D | 606,892 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares sold pursuant to a predefined Rule 10b5-1 trading plan for tax and planning purposes.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.94 to $1.99, inclusive, in accordance with a previously established Rule 10b5-1 predefined trading plan enacted for tax and planning purposes.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.94 to $2.00, inclusive, in accordance with a previously established Rule 10b5-1 predefined trading plan enacted for tax and planning purposes.
- F4Shares withheld from the quarterly vesting of annual restricted stock unit awards related to the minimum tax withholding obligation.
- F5Securities beneficially owned are comprised of: (1) 407,305 shares of common stock owned and (2) unvested restricted stock units aggregating 199,587 related to annual awards, which vest quarterly over a four-year period from grant date.