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: Stratton Kenneth Blair (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-10	Common Stock	F	11095	$1.22	Disposed	137238	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13267	Indirect

Footnotes

F1: Includes (1) 93,333 restricted stock units, with 1/4 of those vesting on each of the four anniversaries following the May 15, 2009 grant date and (2) 27,500 restricted stock units, vesting on March 10, 2011.

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