SEC Form 4 · accession 0001209191-18-038638
ATHERSYS, INC / NEW · ATHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gil Van Bokkelen
Officer — Chairman and CEO · Director
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 5:27 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 | Jun 15, 2018 | F | 11,983 | $2.32 | D | 1,209,236 | D | |
| Common StockF2,F3 | Jun 18, 2018 | A | 147,600 | $0.00 | A | 1,356,836 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to purchase)F4 | $2.31 | Jun 18, 2018 | A | 350,400 | A | — | Jun 18, 2028 | Common Stock | 350,400 | 350,400 | D |
Explanation of responses
- F1Shares withheld from the quarterly vesting of annual restricted stock unit awards related to the minimum tax withholding obligation.
- F2Award 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 three-year period.
- F3Securities beneficially owned are comprised of: (1) 905,664 shares of common stock owned and (2) unvested restricted stock units aggregating 451,172 related to annual awards, which vest quarterly over a three or four-year period from grant date.
- F4Award of an annual stock option. The option vests ratably on a quarterly basis over a three-year period.