Vericel Corp — Director's Dealing 2016

May 7, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2016-05-04

Reporting Person: MCLAUGHLIN KEVIN F (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-04	Stock Option (right to buy)	$2.76	A	15000	Acquired	2026-05-04	Common Stock (15000)	Direct

Footnotes

F1: The option vests over a 1-year period, in equal monthly increments, contingent upon continued service to the Company.