The above information was disclosed in a filing to the SEC. Some additional info was provided as follows:
The transaction reported was effected pursuant to a 10b-5 trading plan. The sales are being made in connection with Reporting Person's divorce settlement.
This transaction was executed in multiple trades at prices ranging from $1.59 to $1.69. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
To see this filing in its entirety, click here.
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Other recent filings from the company include the following:
Neuralstem's CEO just disposed of 7,000 shares - April 23, 2014