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PALISADE BIO, INC. Director's Dealing 2014

Feb 13, 2014

35274_dirs_2014-02-13_5c68610c-da70-44e8-802e-a752afe4a472.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: Neuralstem, Inc. (CUR)
CIK: 0001357459
Period of Report: 2014-01-24

Reporting Person: GARR RICHARD (Director, CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-01-24 Common Stock M 400000 $0.50 Acquired 1455327 Direct
2014-01-24 Common Stock F 65789 $3.04 Disposed 1389538 Direct
2014-01-24 Common Stock F 140201 $3.04 Disposed 1249337 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-01-24 Common Stock Purchase Option $0.50 M 400000 Acquired 2015-07-28 Common Stock (400000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 252000 Indirect

Footnotes

F1: Represents shares issued / cancelled upon the cashless exercise of an option to purchase 400,000 shares of Common Stock at an exercise price of $0.50 per share using a fair market value of the Issuer's stock on 1/24/2014 of $3.04.

F2: Represents the shares of Common Stock withheld to satisfy the reporting person's tax withholding obligation upon exercise of Common Stock Purchase Option. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3.

F3: Reporting Person disclaims all interest, including pecuniary, of securities. Securities are held in spouse's name as her "sole and separate" property.

F4: Represents the cashless exercise of an option to purchase shares of Common Stock at an exercise price of $0.50.

F5: Right to Buy.