SEC Form 4 · accession 0001209191-17-038704
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
Jun 7, 2017
Accepted (ET)
Jun 9, 2017 · 10:45 am 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 7, 2017 | A | 149,392 | $0.00 | A | 730,743 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to purchase)F3 | $1.46 | Jun 7, 2017 | A | 348,608 | A | — | Jun 7, 2027 | Common Stock | 348,608 | 348,608 | 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) 413,710 shares of common stock owned and (2) unvested restricted stock units aggregating 317,033 related to annual awards, which vest quarterly over a four-year period from grant date.
- F3Award of an annual stock option. The option vests ratably on a quarterly basis over a four-year period.