Heidi Hagen - May 1, 2024 Form 4 Insider Report for Vericel Corp (VCEL)

Role
Director
Signature
/s/ Sean Flynn, as Attorney-in-Fact for Heidi Hagen
Stock symbol
VCEL
Transactions as of
May 1, 2024
Transactions value $
$0
Form type
4
Date filed
5/3/2024, 04:06 PM
Previous filing
May 5, 2023
Next filing
Oct 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VCEL Common Stock Options Exercise +3.2K +20.71% 18.7K May 1, 2024 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 +3.2K $0.00* 0 May 1, 2024 Common Stock 3.2K Direct F2, F3, F4
transaction VCEL Stock Option (Right to Buy) Award $0 +8K $0.00 8K May 1, 2024 Common Stock 8K $47.08 Direct F5
transaction VCEL Restricted Stock Unit Award $0 +3.2K $0.00 3.2K May 1, 2024 Common Stock 3.2K Direct F2, F4, F6
* 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 May 3, 2023.
F2 Each RSU represents a contingent right to receive one share of common stock of Vericel Corporation.
F3 These RSUs vest 100% on the earlier of May 3, 2024, or the date of the first Annual Meeting of Stockholders following May 3, 2023.
F4 No expiration date for this type of award.
F5 The option vests over a 1-year period, in equal monthly increments, contingent upon continued service to the Company.
F6 These RSUs vest 100% on the earlier of May 1, 2025, or the date of the first Annual Meeting of Stockholders following May 1, 2024.