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Lineage Cell Therapeutics Inc. Director's Dealing 2017

Jul 6, 2017

6895_dirs_2017-07-05_68bee264-337c-43ad-94e9-061ba72afed4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BIOTIME INC (BTX)
CIK: 0000876343
Period of Report: 2017-07-01

Reporting Person: BRADSHER NEAL C (Director, 10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-07-01 OPTION TO PURCHASE COMMON SHARES $3.15 A 20000 Acquired 2022-06-30 COMMON SHARES (20000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
OPTION TO PURCHASE COMMON SHARES $2.72 2021-06-30 COMMON SHARES (20000) 20000 Direct
OPTION TO PURCHASE COMMON SHARES $3.57 2020-06-30 COMMON SHARES (20000) 20000 Direct
OPTION TO PURCHASE COMMON SHARES $3.11 2019-06-30 COMMON SHARES (20000) 20000 Direct
OPTION TO PURCHASE COMMON SHARES $4.13 2018-06-30 COMMON SHARES (20000) 20000 Direct
OPTION TO PURCHASE COMMON SHARES $5.00 2018-06-04 COMMON SHARES (50000) 50000 Indirect

Footnotes

F1: These securities are directly owned by Neal C. Bradsher.

F2: The reported securities are directly owned by Broadwood Partners, L.P. and may be deemed beneficially owned by Broadwood Capital, Inc., as General Partner of Broadwood Partners, L.P., and Neal C. Bradsher, as President of Broadwood Capital, Inc. Each of Broadwood Capital, Inc. and Neal C. Bradsher disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that Broadwood Capital, Inc. or Neal C. Bradsher is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

F3: These options will vest and become exercisable in four quarterly installments on September 30, 2017, December 31, 2017, March 31, 2018, and June 30, 2018, provided that Neal C. Bradsher remains a director on the last day of each quarter.

F4: These options are currently exercisable.

F5: The options were granted to Neal Bradsher by the issuer on July 1, 2017 as director compensation pursuant to the issuer's 2012 Equity Incentive Plan.