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Microbot Medical Inc. Director's Dealing 2016

Apr 19, 2016

33819_dirs_2016-04-18_fb770d4f-b9d7-4946-a791-50894e4fc4b1.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: 2016-03-15

Reporting Person: SCHIFFMAN GREGORY T (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-03-15 Common Stock A 720000 $0.00 Acquired 1599717 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 21597 Indirect

Footnotes

F1: Restricted stock units with performance based vesting set by the issuer's Board of Directors and tied to the timely and successful conduct and completion of the issuer's Phase II clinical study in spinal cord injury.

F2: Includes (1) 175,000 restricted stock units, with 87,500 of these vesting on each of January 1, 2017 and January 1, 2018; and (2) 118,666 restricted stock units, with 59,333 of these vesting on each of January 8, 2017 and January 8, 2018; and (3) 970,000 restricted stock units with performance based vesting.

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