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Microbot Medical Inc. Director's Dealing 2014

Jan 29, 2014

33819_dirs_2014-01-29_a1f3d340-53cd-4e44-9ab9-c590e4457a62.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEMCELLS INC (STEM)
CIK: 0000883975
Period of Report: 2014-01-27

Reporting Person: TSUKAMOTO ANN (EVP, Research and Development)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-01-27 Common Stock F 15895 $1.41 Disposed 412751 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3643 Indirect
Common Stock 15762 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 her from the delivery of shares incident to the vesting of restricted stock units.

F2: Includes (1) 280,000 restricted stock units, with 70,000 vesting on each of June 6, 2014, June 6, 2015, June 6, 2016, and June 6, 2017; and (2) 43,333 restricted stock units vesting on January 27, 2015.

F3: 3,643 shares held in trust as to which Dr. Tsukamoto disclaims beneficial ownership.

F4: Shares held in 401(k) account in accordance with issuer's employer-match policies.