Form Type: 4

SEC EDGAR Link
Accession Number:0001368148-21-000072
Date:2021-06-11
Issuer: ATHERSYS, INC / NEW (ATHX)
Original Submission Date:

Reporting Person:

HARRINGTON JOHN J
3201 CARNEGIE AVENUE
CLEVELAND, OH 44115-2634

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-06-11 A 133,333 a $0.00 805,728 direct
COMMON STOCK 2021-06-15 S 20,767 d $1.55 784,961 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION (RIGHT TO PURCHASE) 1.63 2021-06-11 deemed execution date A 300,000 (a) 2031-06-11 common stock 300,000 $1.63 300,000 direct
Footnotes
IDfootnote
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.

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