Heidi Hagen - 19 May 2021 Form 4 Insider Report for Vericel Corp (VCEL)

Role
Director
Signature
/s/ Sean Flynn, as Attorney-in-Fact for Heidi Hagen
Issuer symbol
VCEL
Transactions as of
19 May 2021
Net transactions value
+$34,860
Form type
4
Filing time
20 May 2021, 16:10:20 UTC
Next filing
03 Sep 2021
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 $9,000 +1,500 +43% $6.00* 5,000 19 May 2021 Direct F1
transaction VCEL Common Stock Options Exercise $12,360 +3,000 +60% $4.12* 8,000 19 May 2021 Direct F1
transaction VCEL Common Stock Options Exercise $13,500 +2,250 +28% $6.00* 10,250 19 May 2021 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 -1,500 -100% $0.000000* 0 19 May 2021 Common Stock 1,500 $6.00 Direct F2
transaction VCEL Stock Option (right to buy) Options Exercise $0 -2,250 -100% $0.000000* 0 19 May 2021 Common Stock 2,250 $6.00 Direct F3
transaction VCEL Stock Option (right to buy) Options Exercise $0 -3,000 -100% $0.000000* 0 19 May 2021 Common Stock 3,000 $4.12 Direct 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 a total of 1,500 shares, became exercisable in equal monthly installments over one year, beginning on August 23, 2013, contingent upon continued service to the Company.
F3 These options, representing the right to purchase a total of 2,250 shares, became exercisable in equal monthly installments over nine months, beginning on August 23, 2013, contingent upon continued service to the Company.
F4 These options, representing the right to purchase a total of 3,000 shares, became exercisable in equal monthly installments over one year, beginning on May 7, 2014, contingent upon continued service to the Company.