Heidi Hagen - Apr 27, 2022 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
Apr 27, 2022
Transactions value $
$0
Form type
4
Date filed
4/29/2022, 04:03 PM
Previous filing
Sep 3, 2021
Next filing
Apr 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VCEL Common Stock Options Exercise +2.6K +25.37% 12.9K Apr 27, 2022 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 -2.6K -100% $0.00* 0 Apr 27, 2022 Common Stock 2.6K Direct F2, F3, F4
transaction VCEL Restricted Stock Unit Award $0 +2.6K $0.00 2.6K Apr 27, 2022 Common Stock 2.6K Direct F2, F4, F5
transaction VCEL Stock Option (right to buy) Award $0 +6.5K $0.00 6.5K Apr 27, 2022 Common Stock 6.5K $31.99 Direct 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 April 28, 2021.
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 April 28, 2022 or the date of the first Annual Meeting of Stockholders following April 28, 2021. The first Annual Meeting of Stockholders occurred on April 27, 2022.
F4 No expiration date for this type of award.
F5 These RSUs vest 100% on the earlier of April 27, 2023 or the date of the first Annual Meeting of Stockholders following April 27, 2022.
F6 The option vests over a 1-year period, in equal monthly increments, contingent upon continued service to the Company.