John J. Harrington - Jun 11, 2021 Form 4 Insider Report for ATHERSYS, INC / NEW (ATHX)

Role
Exec Vice Pres and CSO, Director
Signature
/s/ Laura K. Campbell, as attorney-in-fact for John J. Harrington
Stock symbol
ATHX
Transactions as of
Jun 11, 2021
Transactions value $
-$32,129
Form type
4
Date filed
6/15/2021, 05:48 PM
Previous filing
Jun 8, 2021
Next filing
Jun 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATHX Common Stock Award $0 +133K +19.83% $0.00 806K Jun 11, 2021 Direct F1
transaction ATHX Common Stock Sale -$32.1K -20.8K -2.58% $1.55 785K Jun 15, 2021 Direct F2, F3, F4

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
transaction ATHX Stock Option (right to purchase) Award $0 +300K $0.00 300K Jun 11, 2021 Common Stock 300K $1.63 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of annual restricted stock units, each of which represent a contingent right to receive one share of Athersys, Inc. common stock after vesting. The restricted stock units vest ratably on a quarterly basis over a four-year period.
F2 Shares sold pursuant to a predefined Rule 10b5-1 trading plan.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.535 to $1.57, inclusive, in accordance with a previously established Rule 10b5-1 trading plan.
F4 Securities beneficially owned are comprised of (1) 486,372 shares of common stock owned and (2) unvested restricted stock units aggregating 298,589 related to annual awards, which vest quarterly over a three or four-year period from date of grant.
F5 Award of an annual stock option. The option vests ratably on a quarterly basis over a four-year period.