-----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, QzryQqKC/aAvrGn/ohnO7ccJvy7UMqrKbn0oeA0CMJ/MhcvN12F7sk7pfE5a9wBr +fAB+yqLo62HXsPlownTgg== 0001209191-03-023655.txt : 20031001 0001209191-03-023655.hdr.sgml : 20031001 20031001121716 ACCESSION NUMBER: 0001209191-03-023655 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: WEISSMAN IRVING CENTRAL INDEX KEY: 0001230630 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19871 FILM NUMBER: 03919668 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 stem0001230630WEISSMAN IRVINGC/O STEMCELLS, INC.3155 PORTER DRIVEPALO ALTOCA943041000Stock Option (right to buy)0.252003-09-304A039220A2003-09-302013-09-30Common Stock39223922DStock Option (right to buy)0.12003-10-014A072250A2003-10-012013-10-01Common Stock72257225DCompensation 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, $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.Compensation for service as a Consultant to the Company, payable at the Company's election either in cash ($12,500 quarterly) or in the form of options to purchase shares of the Company's common stock at a below market price ($0.10 per share). The number of shares is calculated using the average of the closing prices of the Company's common stock for the 20 trading days prior to payment, less the option price of $0.10 per share. Payment is normally made quarterly in advance, but payment in stock options for the fourth quarter of 2002 was only authorized on October 24, 2002. Options so issued vest immediately.Irving Weissman by Iris Brest, Attorney-in-Fact2003-10-01 -----END PRIVACY-ENHANCED MESSAGE-----