SEC Form 4 · accession 0001209191-18-038646
ATHERSYS, INC / NEW · ATHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Lehmann Jr.
Officer — President and COO
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 5:49 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 | 7,889 | $2.32 | D | 460,084 | D | |
| Common StockF2 | Jun 18, 2018 | A | 96,600 | $0.00 | A | 556,684 | D | |
| Common StockF3,F4 | Jun 19, 2018 | S | 14,000 | $2.2482 | D | 542,684 | D | |
| Common StockF5,F4,F6 | Jun 19, 2018 | S | 16,000 | $2.2441 | D | 526,684 | 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)F7 | $2.31 | Jun 18, 2018 | A | 230,004 | A | — | Jun 18, 2028 | Common Stock | 230,004 | 230,004 | 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.
- F3Shares sold pursuant to a predefined Rule 10b5-1 trading plan for tax and planning purposes.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.22 to $2.275, inclusive.
- F5Shares sold for tax and financial planning purposes.
- F6Securities beneficially owned are comprised of: (1) 223,504 shares of common stock owned and (2) unvested restricted stock units aggregating 303,180 related to annual awards, which vest quarterly over a three or four-year period from grant date.
- F7Award of an annual stock option. The option vests ratably on a quarterly basis over a three-year period.