Microbot Medical Inc. — Director's Dealing 2012

Apr 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEMCELLS INC (STEM)
CIK: 0000883975
Period of Report: 2012-04-18

Reporting Person: BJERKHOLT ERIC (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-18	Common Stock	A	9000	$0.00	Acquired	12000	Direct

Footnotes

F1: In accordance with Board action taken, this is an equity grant of 9,000 restricted units, vesting 100% on March 1, 2013, as compensation for Board service.

F2: Includes anniversary equity grants of 10,000 restricted stock units, in the aggregate, each vesting 100% on March 1, 2013.