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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (right to buy) | $ 6.52 | 05/29/2009 | A | 100,000 | (4) | 05/29/2019 | Common Stock | 100,000 | $ 6.52 | 1,915,000 (5) | D | ||||
Stock Option (right to buy) | $ 6.52 | 05/29/2009 | A | 35,000 | (6) | 05/29/2019 | Common Stock | 35,000 | $ 6.52 | 1,950,000 | D | ||||
Stock Option (right to buy) | $ 6.52 | 05/29/2009 | A | 300,000 | (7) | 05/29/2019 | Common Stock | 300,000 | $ 6.52 | 2,250,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
OKARMA THOMAS C/O GERON CORPORATION 230 CONSTITUTION DRIVE MENLO PARK, CA 94025 |
President and CEO |
/s/ Olivia Bloom for Thomas B. Okarma | 06/01/2009 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Shares sold in payment of payroll tax withholdings in connection with vesting of restricted stock award. |
(2) | The shares of restricted stock will remain subject to a repurchase right of Geron over four years, during such time the repurchase right will lapse with respect to 25% of such shares on each anniversary date of May 28, 2009. The lapse of Geron's repurchase right is conditioned on the employee continuing to provide services to Geron through each vesting date. |
(3) | The shares of restricted stock will remain subject to a repurchase right of Geron until May 28, 2010, at which time such repurchase right will lapse with respect to 25% of such shares. Geron's repurchase right will lapse with respect to the balance of the shares on May 28, 2011. The lapse of Geron's repurchase right is conditioned on the employee continuing to provide services to Geron through each vesting date. |
(4) | This option is exercisable in a series of 48 consecutive equal monthly installments commencing May 29, 2009, provided the optionee continues to provide services to the Company. |
(5) | Balance reflects expiration of options during 2009. |
(6) | This option is exercisable in a series of 24 consecutive equal monthly installments commencing May 19, 2009, provided the optionee continues to provide services to the Company. |
(7) | This option is exercisable in a series of 24 consecutive equal monthly installments commencing July 23, 2009, provided the optionee continues to provide services to the Company. |