-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IXOyM/RY2JjA6UlgBCTwTWsGtBnC019EmibPX9rDE4Z2gTNHsjYihUqlh47WCliQ JS445QucTLdEeLVBnHU3GA== 0001209191-03-023654.txt : 20031001 0001209191-03-023654.hdr.sgml : 20031001 20031001121505 ACCESSION NUMBER: 0001209191-03-023654 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030930 FILED AS OF DATE: 20031001 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SCHWARTZ JOHN J CENTRAL INDEX KEY: 0001230629 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19871 FILM NUMBER: 03919665 BUSINESS ADDRESS: STREET 1: 3155 PORTER DRIVE CITY: PALO ALTO STATE: CA ZIP: 94304 BUSINESS PHONE: 6504753100 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: STEMCELLS INC CENTRAL INDEX KEY: 0000883975 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 943078125 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3155 PORTER DRIVE STREET 2: . CITY: PALO ALTO STATE: CA ZIP: 94304 BUSINESS PHONE: 6504753100 MAIL ADDRESS: STREET 1: 3155 PORTER DRIVE STREET 2: . CITY: PALO ALTO STATE: CA ZIP: 94304 FORMER COMPANY: FORMER CONFORMED NAME: CYTOTHERAPEUTICS INC/DE DATE OF NAME CHANGE: 19930328 4 1 doc4.xml FORM 4 SUBMISSION X0201 42003-09-3000000883975STEMCELLS INC stem0001230629SCHWARTZ JOHN JC/O STEMCELLS, INC.3155 PORTER DRIVEPALO ALTOCA943041000Stock Option (right to buy)0.252003-09-304A066990A2003-09-302013-09-30Common Stock66996699DCompensation for service on the Board of Directors and for attendance at Board meetings. Non-employee directors receive compensation in the form of options to purchase shares of the Company's common stock at below market prices ($0.25 per share), in lieu of cash payments of $4,500 quarterly ($8,750 quarterly for service as Chairman of the Board), $1,500 per meeting attended in person or videoconference, and $500 for a meeting attended by telephone. The number of shares is calculated using the closing price of the Company's common stock for the date of a Board or Committee meeting or, with respect to the quarterly retainer payments, the closing price for the last business day of the quarter, less the option price of $0.25 per share. Options so issued vest immediately.John J. Schwartz by Iris Brest, Attorney-in-Fact2003-10-01 -----END PRIVACY-ENHANCED MESSAGE-----