SEC Form 4 · accession 0001209191-15-059862
Lineage Cell Therapeutics, Inc. · LCTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Schlachet
Director
Period of report
Jul 1, 2015
Accepted (ET)
Jul 6, 2015 · 9:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000876343
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares, no par valueF1 | holding | — | — | — | 32,050 | I | see footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common SharesF2 | $3.57 | Jul 1, 2015 | A | 20,000 | A | — | Jun 30, 2020 | Common Shares | 20,000 | 20,000 | D |
| Option to Purchase Common SharesF3 | $3.11 | holding | — | — | — | — | Jun 30, 2019 | Common Shares | 20,000 | 20,000 | D |
| Option to Purchase Common SharesF4 | $2.86 | holding | — | — | — | — | Apr 10, 2019 | Common Shares | 20,000 | 20,000 | D |
Explanation of responses
- F1All shares are owned by Schlachet Management Ltd., a privately held company of which Mr. Schlachet is the sole shareholder, chief executive officer, and director.
- F2Will become exercisable in four equal quarterly installments based upon continued service on the board of directors.
- F3Became exercisable in four equal quarterly installments after the date of grant on July 1, 2014.
- F4Became exercisable in four equal quarterly installments after the date of grant on April 11, 2014.