Vericel Corp — Director's Dealing 2018

Aug 3, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2018-08-03

Reporting Person: MICHEL GERARD J (CFO and VP, Corp. Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-03	Common Stock	M	45000	$4.36	Acquired	83479	Direct
2018-08-03	Common Stock	M	67481	$3.02	Acquired	150960	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-03	Stock Option (right to buy)	$4.36	M	45000	Acquired	2024-06-11	Common Stock (45000)	Direct
2018-08-03	Stock Option (right to buy)	$3.02	M	67481	Acquired	2025-01-05	Common Stock (67481)	Direct

Footnotes

F1: These options, representing a right to purchase a total of 45,000 shares, were granted on June 11, 2014, with 25% becoming exercisable on June 11, 2015 and 75% becoming exercisable in twelve equal quarterly installments.

F2: The options, representing a right to purchase a total of 180,000 shares, became exercisable in equal quarterly installments following January 5, 2015, which was the date on which the option was granted.