BIOTIME INC 4
4 · BIOTIME INC · Filed Oct 10, 2014
Insider Transaction Report
Form 4
BIOTIME INCBTX
SCHLACHET DAVID
Director
Transactions
- Award
Option to Purchase Common Shares
2014-07-01+20,000→ 20,000 totalExercise: $3.11Exp: 2019-06-30→ Common Shares (20,000 underlying) - Purchase
Common Shares, no par value
2014-10-08$3.12/sh+32,050$99,996→ 32,050 total(indirect: see footnote)
Holdings
- 20,000
Option to Purchase Common Shares
Exercise: $2.86Exp: 2019-04-10→ Common Shares (20,000 underlying)
Footnotes (4)
- [F1]Shares acquired pursuant to a Stock Purchase Agreement dated October 3, 2014.
- [F2]All shares are owned by Schlachet Management Ltd., a privately held company of which Mr. Schlachet is the sole shareholder, chief executive officer, and director.
- [F3]Will become exercisable in four equal quarterly installments after the date of grant on July 1, 2014 based upon continued service on the board of directors.
- [F4]5,000 options became exercisable on June 30, 2014 and the remaining 15,000 will become exercisable in three equal quarterly installments based upon continued service on the board of directors.