William Lehmann JR - Jun 11, 2021 Form 4 Insider Report for ATHERSYS, INC / NEW (ATHX)

Role: Interim CEO, President, COO
Signature: /s/ Laura K. Campbell, as attorney-in-fact for William O. Lehmann
Stock symbol: ATHX
Transactions as of: Jun 11, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/15/2021, 05:52 PM
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	+31.83%	$0.00	552K	Jun 11, 2021	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
transaction	ATHX	Stock Option (right to purchase)	Award	$0	+300K		$0.00	300K	Jun 11, 2021	Common Stock	300K	$1.63	Direct	F3

* 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	Securities beneficially owned are comprised of (1) 253,580 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.
F3	Award of an annual stock option. The option vests ratably on a quarterly basis over a four-year period.