Heidi Hagen - Oct 17, 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
Oct 17, 2024
Transactions value $
$37,400
Form type
4
Date filed
10/21/2024, 04:05 PM
Previous filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VCEL Common Stock Options Exercise $15K +4K +21.45% $3.74 22.7K Oct 17, 2024 Direct F1
transaction VCEL Common Stock Options Exercise $22.4K +6K +26.49% $3.74 28.7K Oct 17, 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 Stock Option (Right to Buy) Options Exercise $0 +4K $0.00 0 Oct 17, 2024 Common Stock 4K $3.74 Direct F2, F3
transaction VCEL Stock Option (Right to Buy) Options Exercise $0 +6K +200% $0.00 9K Oct 17, 2024 Common Stock 6K $3.74 Direct F3, F4
* 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 options, representing the right to purchase 4,000 shares, became exercisable in three installments, contingent upon continued service to the Company, with the first vesting date on March 20, 2015, which was the date on which the option was granted, and the final vesting date on May 1, 2015.
F3 These options, which were awarded on March 20, 2015, would otherwise expire and become forfeitable on March 20, 2025.
F4 These options, representing the right to purchase 15,000 shares, were originally granted on March 20, 2015, with 624 shares becoming exercisable on the grant date, 312 shares becoming exercisable on March 31, 2015, and the remainder becoming exercisable in equal monthly installments, contingent upon continued service to the Company, from April 30, 2015 through December 31, 2017.