SEC Form 5 · accession 0001209191-17-010870
Lineage Cell Therapeutics, Inc. · LCTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Judith Segall
Officer — Vice President & Secretary
Period of report
Dec 31, 2016
Accepted (ET)
Feb 14, 2017 · 7:49 pm EST
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,F2 | Apr 6, 2016 | G | 1,900 | $3.25 | D | 591,245 | D |
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 SharesF3 | $2.50 | holding | — | — | — | — | Jan 19, 2026 | Common Shares | 25,000 | 25,000 | D |
| Option to Purchase Common SharesF4 | $4.23 | holding | — | — | — | — | Mar 2, 2025 | Common Shares | 50,000 | 50,000 | D |
| Option to Purchase Common SharesF5 | $3.51 | holding | — | — | — | — | Mar 19, 2021 | Common Shares | 50,000 | 50,000 | D |
| Option to Purchase Common SharesF6 | $4.22 | holding | — | — | — | — | Feb 19, 2020 | Common Shares | 50,000 | 50,000 | D |
Explanation of responses
- F1On April 6, 2016, Ms. Segall gifted 1,900 common shares to a charitable organization.
- F2Does not include shares that may be acquired upon the exercise of certain stock options.
- F3One quarter of the options shall vest on January 19, 2017 and the balance shall vest in 36 monthly installments thereafter upon the completion of each month of continuous employment.
- F4One quarter of the options vested on March 2, 2016 and the balance shall vest in 36 monthly installments thereafter upon the completion of each month of continuous employment.
- F51/48th of the number of options will vest and become exercisable at the end of each full month of employment after March 20, 2014.
- F61/48th of the number of options vested and became exercisable at the end of each full month of employment after January 1, 2013.