Filing Details

Accession Number:
0001019687-13-002730
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-07-26 20:51:05
Reporting Period:
2013-07-24
Filing Date:
2013-07-26
Accepted Time:
2013-07-26 20:51:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1355790 International Stem Cell Corp ISCO:OB Pharmaceutical Preparations (2834) 204494098
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1447708 Andrey Semechkin C/O International Stem Cell Corp.
5950 Priestly Drive
Carlsbad CA 92008
Chief Executive Officer Yes Yes Yes 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 Stock Acquisiton 2013-07-24 5,998,999 $0.15 18,536,799 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Warrant (Right to Buy) Acquisiton 2013-07-24 5,998,999 $0.00 5,998,999 $0.15
See Footnote Series B Warrant (4) (Right to Buy) Acquisiton 2013-07-24 5,998,999 $0.00 11,997,998 $0.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,998,999 2013-07-24 2018-07-24 No 4 P Direct
5,998,999 2013-07-24 2013-10-23 No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 8,000,000 Indirect By Corporation
Footnotes
  1. Common Stock is owned by X-Master, Inc., a New Hampshire Corporation of which the reporting person is a director and sole shareholder.
  2. Exercise price is initially set at $0.15 per share, subject to adjustments in the event of certain transactions as defined in the warrant agreement.
  3. Exercise price is subject to adjustment and is initially set at $0.15 per unit. On the Adjustment Date (as defined in the warrant agreement) the exercised price will be reduced to 80% of the closing bid price of the Issuer's common Stock on the adjustment date (if that is lower than the then current exercise price) . Additionally, the exercise price is subject to further adjustments in the event of certain transactions as defined in the warrant agreement.
  4. Exercisable for Units. Each Unit consists of one share of common stock of the company and one Series A Warrant.
  5. Assuming full exercise of the Series A Warrants issued on exercise of the Series B Warrants. Number of underlying securities issuable under the warrants is subject to a 4.999% beneficial ownership limitation; except for in the event of a fundamental transaction (as defined in the warrant agreement) the beneficial ownership limitation is set at 9.99%.