Microbot Medical Inc. — Director's Dealing 2010

Mar 18, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEMCELLS INC (STEM)
CIK: 0000883975
Period of Report: 2010-03-17

Reporting Person: Young Rodney KB (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-17	Common Stock	S	30000	$1.23	Disposed	301617	Direct

Footnotes

F1: The $1.23 per share price was the weighted average price of open market sales by Mr. Young on 3/17/2010. Actual prices ranged from $1.23 per share to $1.2307 per share. Mr. Young will provide full information about the number of shares sold at each price, upon request by the SEC, the issuer or any security holder of the issuer.

F2: Includes (1) 226,667 restricted stock units, with 1/4 of those vesting on each of the four anniversaries following the May 15, 2009 grant date and (2) 68,750 restricted stock units, vesting on March 10, 2011.