4//SEC Filing
NeoStem, Inc. 4
Accession 0001157523-07-009575
$LSTACIK 0000320017operating
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 5:01 PM ET
Size
12.1 KB
Accession
0001157523-07-009575
Insider Transaction Report
Form 4
May Larry Alan
Chief Financial Officer
Transactions
- Award
Stock Options (right to buy)
2007-09-27+20,000→ 20,000 totalExercise: $4.95Exp: 2017-09-26→ Common Stock, par value $.001 per share (20,000 underlying) - Award
Common stock, $0.001 par value
2007-09-27+10,000→ 24,437 total - Other
Common stock, $0.001 par value
2007-09-27+2,337→ 26,774 total - Other
Common stock, $0.001 par value
2007-09-27+51→ 51 total(indirect: By Spouse)
Footnotes (4)
- [F1]On September 27, 2007, the date of grant ("Grant Date"), Mr. May was granted 10,000 shares of restricted common stock of NeoStem, Inc. (the "Company"), pursuant to and subject to the Company's 2003 Equity Participation Plan. One-half of the shares of restricted stock granted vested on the Grant Date and the remaining one-half will vest on the first anniversary of the Grant Date, subject to Mr. May's continued service.
- [F2]On January 19, 2006, the Company, through a wholly-owned subsidiary, consummated its acquisition of the assets of NS California, Inc. ("NS California") relating to NS California's business of collecting, processing and storing adult stem cells, pursuant to an Asset Purchase Agreement dated December 6, 2005. The purchase price consisted, among other things, of 50,000 shares of the Company's common stock (the "Acquisition Shares"). Pursuant to the Asset Purchase Agreement, the Acquisition Shares were held in escrow (the "Escrow Account") through 2007 and NS California is in the process of distributing the Acquisition Shares to its shareholders. Mr. May, as a shareholder of NS California, is entitled to receive a distribution of 2,337 Acquisition Shares from the Escrow Account.
- [F3]Patricia May, Mr. May's wife, as a shareholder of NS California, is entitled to receive a distribution of 51 Acquisition Shares from the Escrow Account.
- [F4]On the Grant Date, Mr. May was granted an option to purchase 20,000 shares of common stock pursuant to and subject to the Company's 2003 Equity Participation Plan. 5,000 of these options vested on the Grant Date and 15,000 options shall vest upon the achievement of certain specified business and other milestones.
Documents
Issuer
NeoStem, Inc.
CIK 0000320017
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000320017
Filing Metadata
- Form type
- 4
- Filed
- Sep 30, 8:00 PM ET
- Accepted
- Oct 1, 5:01 PM ET
- Size
- 12.1 KB