X0304 4 2011-03-31 0 0000889428 Pathfinder Cell Therapy, Inc. pfnd 0001252874 FRANKLIN RICHARD L C/O PATHFINDER CELL THERAPY, INC. 12 BOW STREET CAMBRIDGE MA 02138 1 1 0 0 President, CEO Common Stock 2011-03-31 4 A 0 69444 0.09 A 1659748 D Reflects the reporting person's quarterly board fees for the first quarter of 2011 which, in accordance with approval by the Board of Directors, is payable in shares of common stock, based on the fair market value of the shares on the last trading day of the quarter, as reflected by the closing price ($.09) on that date. Richard L. Franklin, by Keith Moskowitz, attorney-in-fact 2011-09-28