Lehmann William JR 4
4 · ATHERSYS, INC / NEW · Filed Oct 28, 2021
Insider Transaction Report
Form 4
Lehmann William JR
President & COO
Transactions
- Exercise/Conversion
Common Stock
2021-10-28$1.28/sh+5,000$6,400→ 476,287 total - Exercise/Conversion
Stock Option (right to purchase)
2021-10-28−5,000→ 112,680 totalExercise: $1.28Exp: 2025-06-24→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]On October 28, 2021, Mr. Lehmann exercised a vested stock option to purchase 5,000 shares of common stock and paid the cash exercise price of $6,400. No tax withholdings were due on the out-of-money option exercise. None of the 5,000 shares of common stock issued upon exercise were sold.
- [F2]Securities beneficially owned are comprised of of (1) 202,521 shares of common stock owned and (2) unvested restricted stock units aggregating 273,766 related to annual awards, which vest quarterly over a four-year period from the date of grant.
- [F3]Stock option vests ratably on a quarterly basis over a four-year period from the date of grant. Award is now fully vested.