Microbot Medical Inc. — Director's Dealing 2010

Mar 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEMCELLS INC (STEM)
CIK: 0000883975
Period of Report: 2010-03-10

Reporting Person: MCGLYNN MARTIN M (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-10	Common Stock	F	50435	$1.22	Disposed	459232	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	33892	Indirect

Footnotes

F1: Includes (1) 234,667 restricted stock units, with 1/4 of those vesting on each of the four anniversaries following the grant date and (2) 137,500 restricted stock units, vesting on March 10, 2011.

F2: Shares held in 401(k) account, in accordance with issuer's employer-match policies.