Dominick Colangelo - 30 Apr 2024 Form 4 Insider Report for Vericel Corp (VCEL)

Role
President and CEO, Director
Signature
/s/ Sean Flynn, as Attorney-in-Fact for Dominick C. Colangelo
Issuer symbol
VCEL
Transactions as of
30 Apr 2024
Net transactions value
+$299,977
Form type
4
Filing time
01 May 2024, 16:05:22 UTC
Previous filing
19 Apr 2024
Next filing
17 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 $99,994 +13,888 +7.1% $7.20 209,195 30 Apr 2024 Direct F1, F2
transaction VCEL Common Stock Options Exercise $99,993 +6,002 +2.9% $16.66 215,197 30 Apr 2024 Direct F1, F2
transaction VCEL Common Stock Options Exercise $99,990 +5,555 +2.6% $18.00 220,752 30 Apr 2024 Direct F1, F2

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 Stock Option (Right to Buy) Options Exercise $0 +13,888 +5.2% $0.000000 279,307 30 Apr 2024 Common Stock 13,888 $7.20 Direct F3
transaction VCEL Stock Option (Right to Buy) Options Exercise $0 +6,002 +2% $0.000000 303,998 30 Apr 2024 Common Stock 6,002 $16.66 Direct F4
transaction VCEL Stock Option (Right to Buy) Options Exercise $0 +5,555 +2.6% $0.000000 219,445 30 Apr 2024 Common Stock 5,555 $18.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person has elected to exercise and hold these shares at this time.
F2 These shares include shares acquired pursuant to the Issuer's 2015 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F3 These options, representing the right to purchase 300,000 shares, became exercisable in equal quarterly installments, contingent upon continued service to the Company, with the first vesting date on May 7, 2018, which was one quarter after the date on which the option was granted.
F4 These options, representing the right to purchase 310,000 shares, became exercisable in equal quarterly installments, contingent upon continued service to the Company, with the first vesting date on May 6, 2019, which was one quarter after the date on which the option was granted.
F5 These options, representing the right to purchase 225,000 shares, became exercisable in equal quarterly installments, contingent upon continued service to the Company, with the first vesting date on May 11, 2020, which was one quarter after the date on which the option was granted.