Vericel Corp — Director's Dealing 2018

May 18, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2018-05-16

Reporting Person: Colangelo Dominick (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-17	Common Stock	S	20000	$14.01	Disposed	53085	Direct
2018-05-17	Common Stock	M	10000	$2.75	Acquired	63085	Direct
2018-05-17	Common Stock	M	1548	$3.02	Acquired	64633	Direct
2018-05-17	Common Stock	M	17812	$1.95	Acquired	82445	Direct
2018-05-16	Common Stock	S	900	$14	Disposed	81545	Direct
2018-05-17	Common Stock	S	2077	$14	Disposed	79468	Direct
2018-05-17	Common Stock	S	3083	$14	Disposed	76385	Direct
2018-05-17	Common Stock	S	2826	$14	Disposed	73559	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-17	Stock Option (right to buy)	$2.75	M	10000	Disposed	2027-02-08	Common Stock (10000)	Direct
2018-05-17	Stock Option (right to buy)	$3.02	M	1548	Disposed	2025-01-05	Common Stock (1548)	Direct
2018-05-17	Stock Option (right to buy)	$1.95	M	17812	Disposed	2026-02-09	Common Stock (17812)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected by an automatic sale pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2018.

F2: These options vest quarterly over four years commencing on the grant date, February 8, 2017.

F3: These options vest quarterly over four years commencing on the grant date, January 5, 2015

F4: These options vest quarterly over four years commencing on the grant date, February 9, 2016.