LISA WRIGHT - 01 Jun 2023 Form 4 Insider Report for Vericel Corp (VCEL)

Role: Director
Signature: /s/ Sean Flynn, as Attorney-in-Fact for Lisa Wright
Issuer symbol: VCEL
Transactions as of: 01 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 02 Jun 2023, 16:03:22 UTC
Previous filing: 05 May 2023
Next filing: 03 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VCEL	Common Stock	Options Exercise		+433	+8%		5,817	01 Jun 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VCEL	Restricted Stock Unit	Options Exercise	$0	-433	-50%	$0.000000	434	01 Jun 2023	Common Stock	433		Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of common stock were acquired by the Reporting Person as a result of the vesting of Restricted Stock Units (RSUs) granted to the Reporting Person on June 1, 2021.
F2	Each RSU represents a contingent right to receive one share of common stock of Vericel Corporation.
F3	These RSUs vest in equal annual installments over three years, beginning on June 1, 2021.
F4	No expiration date for this type of award.