Steven C. Gilman - 30 Sep 2021 Form 4 Insider Report for Vericel Corp (VCEL)

Role
Director
Signature
/s/ Sean Flynn, as Attorney-in-Fact for Steven Gilman
Issuer symbol
VCEL
Transactions as of
30 Sep 2021
Net transactions value
-$225,555
Form type
4
Filing time
01 Oct 2021, 16:12:33 UTC
Previous filing
21 Jun 2021
Next filing
28 Oct 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 $18,700 +5,000 +143% $3.74 8,500 30 Sep 2021 Direct
transaction VCEL Common Stock Sale $244,255 -5,000 -59% $48.85 3,500 30 Sep 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 -5,000 -33% $0.000000 10,000 30 Sep 2021 Common Stock 5,000 $3.74 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected by an automatic sale pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2021.
F2 These options, representing the right to purchase a total of 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.