Microbot Medical Inc. — Director's Dealing 2010

Sep 17, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEMCELLS INC (STEM)
CIK: 0000883975
Period of Report: 2010-09-15

Reporting Person: CRAIG STEWART (SVP, Development & Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-15	Common Stock	F	8559	$0.80	Disposed	284774	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10142	Indirect

Footnotes

F1: Restricted stock units, with 1/4 vesting on each of the four anniversaries following the grant.

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