Heidi Hagen - May 19, 2021 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 19, 2021
Transactions value $
$34,860
Form type
4
Date filed
5/20/2021, 04:10 PM
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VCEL Common Stock Options Exercise $9K +1.5K +42.86% $6.00* 5K May 19, 2021 Direct F1
transaction VCEL Common Stock Options Exercise $12.4K +3K +60% $4.12* 8K May 19, 2021 Direct F1
transaction VCEL Common Stock Options Exercise $13.5K +2.25K +28.13% $6.00* 10.3K May 19, 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 -1.5K -100% $0.00* 0 May 19, 2021 Common Stock 1.5K $6.00 Direct F2
transaction VCEL Stock Option (right to buy) Options Exercise $0 -2.25K -100% $0.00* 0 May 19, 2021 Common Stock 2.25K $6.00 Direct F3
transaction VCEL Stock Option (right to buy) Options Exercise $0 -3K -100% $0.00* 0 May 19, 2021 Common Stock 3K $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.