Steven C. Gilman - 27 Apr 2022 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
27 Apr 2022
Net transactions value
$0
Form type
4
Filing time
29 Apr 2022, 16:12:20 UTC
Previous filing
01 Dec 2021
Next filing
02 May 2022
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 +2,600 +74% 6,100 27 Apr 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 -2,600 -100% $0.000000* 0 27 Apr 2022 Common Stock 2,600 Direct F2, F3, F4
transaction VCEL Stock Option (right to buy) Award $0 +6,500 $0.000000 6,500 27 Apr 2022 Common Stock 6,500 $31.99 Direct F5
transaction VCEL Restricted Stock Unit Award $0 +2,600 $0.000000 2,600 27 Apr 2022 Common Stock 2,600 Direct F2, F4, 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 The option vests over a 1-year period, in equal monthly increments, contingent upon continued service to the Company.
F6 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.