Harrington John J 4
4 · ATHERSYS, INC / NEW · Filed Jun 15, 2021
Insider Transaction Report
Form 4
Harrington John J
DirectorChief Scientific Officer
Transactions
- Award
Common Stock
2021-06-11+133,333→ 805,728 total - Sale
Common Stock
2021-06-15$1.55/sh−20,767$32,129→ 784,961 total - Award
Stock Option (right to purchase)
2021-06-11+300,000→ 300,000 totalExercise: $1.63Exp: 2031-06-11→ Common Stock (300,000 underlying)
Footnotes (5)
- [F1]Award of annual restricted stock units, each of which represent a contingent right to receive one share of Athersys, Inc. common stock after vesting. The restricted stock units vest ratably on a quarterly basis over a four-year period.
- [F2]Shares sold pursuant to a predefined Rule 10b5-1 trading plan.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.535 to $1.57, inclusive, in accordance with a previously established Rule 10b5-1 trading plan.
- [F4]Securities beneficially owned are comprised of (1) 486,372 shares of common stock owned and (2) unvested restricted stock units aggregating 298,589 related to annual awards, which vest quarterly over a three or four-year period from date of grant.
- [F5]Award of an annual stock option. The option vests ratably on a quarterly basis over a four-year period.