Microbot Medical Inc. — Director's Dealing 2014

Jun 18, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEMCELLS INC (STEM)
CIK: 0000883975
Period of Report: 2014-06-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-16	Common Stock	F	99883	$1.52	Disposed	1018891	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	22030	Indirect

Footnotes

F1: This is recorded as a code F disposition because the shares were used by the reporting person to pay a tax liability incurred by him for the delivery of the shares incident to the vesting of restricted stock units

F2: Includes (1) 525,000 restricted stock units, with 175,000 of those vesting on each of June 14, 2015, June 14, 2016, and June 14, 2017; and (2) 135,333 restrictd stock units vesting on January 27, 2015.

F3: Shares held in 401(k) account, in accordance with issuer's employer-match policies.