Filing Details

Accession Number:
0001209191-14-048767
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-07-23 21:54:18
Reporting Period:
2014-07-21
Filing Date:
2014-07-23
Accepted Time:
2014-07-23 21:54:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
876343 Biotime Inc BTX Biological Products, (No Disgnostic Substances) (2836) 943127919
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1202529 D Michael West 1301 Harbor Bay Parkway
Alameda CA 94502
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares, No Par Value Acquisiton 2014-07-21 1,470,400 $0.50 1,580,000 No 4 M Direct
Common Shares, No Par Value Disposition 2014-07-21 434,013 $2.65 1,145,987 No 4 F Direct
Common Shares, No Par Value Disposition 2014-07-22 270,000 $2.65 875,987 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares Option to Purchase Common Shares Disposition 2014-07-21 1,470,400 $0.00 1,470,400 $0.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2014-10-09 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Shares Option to Purchase Common Shares $4.22 2020-02-19 200,000 200,000 Direct
Common Shares Option to Purchase Common Shares $3.51 2021-03-19 200,000 200,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2020-02-19 200,000 200,000 Direct
2021-03-19 200,000 200,000 Direct
Footnotes
  1. Does not include shares that may be acquired upon the exercise of certain stock options.
  2. These shares were surrendered to the company for two purposes: 1) as consideration for the exercise of options on July 21, 2014, and 2) as consideration to satisfy a portion of the income tax liability arising from the exercise of options on July 21, 2014. The options exercised were due to expire on October 9, 2014.
  3. These shares were sold in a privately negotiated transaction to a single purchaser to obtain funds to pay additional taxes arising from the exercise of options on July 21, 2014.
  4. 1/60th of the number of options became exercisable at the end of each full month of employment after October 10, 2007.
  5. 1/48th of the number of options will vest and become exercisable at the end of each full month of employment after January 1, 2013.
  6. 1/48th of the number of options will vest and become exercisable at the end of each full month of employment after March 20, 2014.