SHEFFERY MICHAEL B 4
4 · ATHERSYS, INC / NEW · Filed Mar 18, 2009
Insider Transaction Report
Form 4
SHEFFERY MICHAEL B
Director
Transactions
- Purchase
Common Stock
2009-03-16$0.65/sh+52,200$33,930→ 3,500,200 total(indirect: By Partnership) - Purchase
Common Stock
2009-03-17$0.84/sh+110,000$92,400→ 3,610,200 total(indirect: By Partnership)
Footnotes (2)
- [F1]The Reporting Person is a partner of OrbiMed Advisors LLC ("Advisors") and OrbiMed Capital GP III LLC ("Capital"). The amount shown represents (i) 3,576,200 shares of Common Stock held directly by Caduceus Private Investments III, LP ("Caduceus") and (ii) 34,000 shares of Common Stock held directly by OrbiMed Associates III, LP ("Associates"). Advisors, pursuant to its authority under its investment advisory contract with Associates, may be considered to hold indirectly 34,000 shares of Common Stock and Capital, pursuant to its authority as general partner of Caduceus, may be considered to hold indirectly 3,576,200 shares of Common Stock.
- [F2]The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest. This report shall not be deemed an admission that the Reporting Person is a beneficial owner for the purpose of Section 16 of the Exchange Act of 1934, as amended, or for any other purpose.