STEMCELLS INC 4
4 · STEMCELLS INC · Filed May 28, 2015
Insider Transaction Report
Form 4
STEMCELLS INCSTEM
Stratton Kenneth Blair
General Counsel
Transactions
- Tax Payment
Common Stock
2015-05-26$0.68/sh−26,306$17,888→ 661,074 total
Holdings
- 21,131(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]This is recorded as a Code F disposition because the shares were used by the reporting person to pay a tax liability incurred by him from the delivery of shares incident to the vesting of restricted stock units.
- [F2]Includes (1) 140,000 restricted stock units, with 70,000 of these vesting on each of May 24, 2016, and May 24, 2017; (2) 32,500 restricted stock units vesting on January 27, 2016; (3) 240,000 restricted stock units, with 80,000 of these vesting on each of January 8, 2016, January 8, 2017, and January 8, 2018; and (4) 80,000 restricted stock units with performance based vesting.
- [F3]Includes shares held in 401(k) account in accordance with issuer's employer-match policies.