0001209191-13-033083.txt : 20130620
0001209191-13-033083.hdr.sgml : 20130620
20130620101820
ACCESSION NUMBER: 0001209191-13-033083
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130618
FILED AS OF DATE: 20130620
DATE AS OF CHANGE: 20130620
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ATHERSYS, INC / NEW
CENTRAL INDEX KEY: 0001368148
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 204864095
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3201 CARNEGIE AVENUE
CITY: CLEVELAND
STATE: OH
ZIP: 44115-2634
BUSINESS PHONE: 216-431-9900
MAIL ADDRESS:
STREET 1: 3201 CARNEGIE AVENUE
CITY: CLEVELAND
STATE: OH
ZIP: 44115-2634
FORMER COMPANY:
FORMER CONFORMED NAME: BTHC VI Inc
DATE OF NAME CHANGE: 20060629
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Van Bokkelen Gil
CENTRAL INDEX KEY: 0001402604
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33876
FILM NUMBER: 13923522
MAIL ADDRESS:
STREET 1: 3201 CARNEGIE AVENUE
CITY: CLEVELAND
STATE: OH
ZIP: 44115
4
1
c556425_4x0.xml
MAIN DOCUMENT DESCRIPTION
X0306
4
2013-06-18
0001368148
ATHERSYS, INC / NEW
ATHX
0001402604
Van Bokkelen Gil
3201 CARNEGIE AVENUE
CLEVELAND
OH
44115
1
1
0
0
Chmn & Chief Executive Officer
Common Stock
2013-06-18
4
A
0
695040
0
A
934526
D
Employee stock option (right to purchase)
1.71
2013-06-18
4
A
0
185000
0
A
2023-06-18
Common Stock
185000
185000
D
In 2005, in connection with a restructuring of internal programs and to retain and motivate executives, Athersys entered into incentive agreements that provided the executives financial participation in the event of certain merger or acquisition or asset sale transactions. The agreements were established prior to the common stock being publicly traded, had precluded the granting of routine equity awards to officers, and provided a bonus based on a fixed percentage of a transaction. In April 2013, the Board approved arrangements whereby the officers agreed to terminate their incentive agreements in return for one-time grants of restricted stock units for their past service and performance, and for the ability to receive routine annual grants of equity-based awards to better align management incentives with corporate objectives. In June 2013, the RSUs were granted to the officers in exchange for the termination of their incentive agreements.
Award of restricted stock units related to the termination of 2005 incentive agreements, each of which represents a contingent right to receive one share of Athersys, Inc. common stock per unit after vesting. The restricted stock units vest ratably on a quarterly basis over a three-year period.
Award of a routine, annual stock-based award. The option vests ratably on a quarterly basis over a four-year period.
/s/ Laura K. Campbell, as attorney-in-fact for Gil Van Bokkelen
2013-06-20