Dominick Colangelo - Apr 30, 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
Stock symbol
VCEL
Transactions as of
Apr 30, 2024
Transactions value $
$299,977
Form type
4
Date filed
5/1/2024, 04:05 PM
Previous filing
Apr 19, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VCEL Common Stock Options Exercise $100K +13.9K +7.11% $7.20 209K Apr 30, 2024 Direct F1, F2
transaction VCEL Common Stock Options Exercise $100K +6K +2.87% $16.66 215K Apr 30, 2024 Direct F1, F2
transaction VCEL Common Stock Options Exercise $100K +5.56K +2.58% $18.00 221K Apr 30, 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 +13.9K +5.23% $0.00 279K Apr 30, 2024 Common Stock 13.9K $7.20 Direct F3
transaction VCEL Stock Option (Right to Buy) Options Exercise $0 +6K +2.01% $0.00 304K Apr 30, 2024 Common Stock 6K $16.66 Direct F4
transaction VCEL Stock Option (Right to Buy) Options Exercise $0 +5.56K +2.6% $0.00 219K Apr 30, 2024 Common Stock 5.56K $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.