Daniel A. Camardo - Oct 4, 2022 Form 4 Insider Report for ATHERSYS, INC / NEW (ATHX)

Role: Chief Executive Officer, Director
Signature: /s/ Barb Cameron, as attorney-in-fact
Stock symbol: ATHX
Transactions as of: Oct 4, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/6/2022, 12:56 PM
Previous filing: Mar 17, 2022
Next filing: Nov 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ATHX	Common Stock	Award	$0	+263K	+4960.32%	$0.00	269K	Oct 4, 2022	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	ATHX	Stock Option (right to purchase)						160K	Oct 4, 2022	Common Stock	160K	$21.50	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the exempt acquisition of 263,492 restricted stock units that in general will vest in substantially equal quarterly installments over one year from the date of grant of October 4, 2022, subject generally to the Reporting Person's continued employment with the Issuer or its subsidiaries.
F2	On August 26, 2022, the Issuer effected a 1-for-25 reverse stock split of its Common Stock (the "Reverse Stock Split"), resulting in a decrease in the Reporting Person's ownership by 127,488 shares.
F3	This option has been adjusted to reflect the Reverse Stock Split (in prior reports, this option was previously reported as covering a number of shares equal to this reported amount times 25 (and at an exercise price equal to this reported exercise price divided by 25)).
F4	One-fourth of the option vests on the one-year anniversary date of the grant (February 14, 2022) and the remainder vests in equal monthly installments over the following three years.