Vericel Corp — Director's Dealing 2011

Mar 23, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AASTROM BIOSCIENCES INC (ASTM)
CIK: 0000887359
Period of Report: 2011-03-21

Reporting Person: Watling Sharon (Vice President)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$1.80	2020-04-23	Common Stock (75000)		Direct
Stock Option (right to buy)	$1.49	2020-09-22	Common Stock (112000)		Direct

Footnotes

F1: These options were granted on April 23, 2010 and vest quarterly over four years commencing on the date of grant.

F2: These options were granted on September 22, 2010 and vest quarterly over four years commencing on the date of grant.