GERON CORP — Director's Dealing 2011

May 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GERON CORP (GERN)
CIK: 0000886744
Period of Report: 2011-05-11

Reporting Person: EASTHAM KARIN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-11	Common Stock	A	9000	—	Acquired	69000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-11	Stock Option (right to buy)	$4.91	A	18000	Acquired	2021-05-11	Common Stock (18000)	Direct
2011-05-11	Stock Option (right to buy)	$4.91	A	15000	Acquired	2021-05-11	Common Stock (15000)	Direct

Footnotes

F1: The shares of restricted stock will remain subject to a repurchase right of Geron over four years, during such time the repurchase right will lapse with respect to 25% of such shares on the earlier of each anniversary date of May 11, 2011 or the annual stockholders meeting date in that year. The lapse of Geron's repurchase right is conditioned on the director continuing to provide services to Geron through each vesting date.

F2: This option is exercisable in a series of three equal consecutive annual installments commencing from March 30, 2009, provided the optionee continues to provide services to Geron through each vesting date.