Vericel Corp — Director's Dealing 2019

Oct 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2019-10-02

Reporting Person: MICHEL GERARD J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-02	Common Stock	M	15000	$1.95	Acquired	138655	Direct
2019-10-02	Common Stock	M	9827	$2.75	Acquired	148482	Direct
2019-10-02	Common Stock	M	11250	$3.02	Acquired	159732	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-02	Stock Option (right to buy)	$1.95	M	15000	Disposed	2026-02-09	Common Stock (15000)	Direct
2019-10-02	Stock Option (right to buy)	$3.02	M	11250	Disposed	2025-01-05	Common Stock (11250)	Direct
2019-10-02	Stock Option (right to buy)	$2.75	M	9827	Disposed	2027-02-08	Common Stock (9827)	Direct

Footnotes

F1: These shares include shares acquired pursuant to the Issuer's 2015 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).

F2: These options, representing the right to purchase a total of 80,000 shares, became exercisable in equal quarterly installments, contingent upon continued service to the Company, with the first vesting date on May 9, 2016, which was one quarter after the date on which the option was granted.

F3: These options, representing the right to purchase a total of 180,000 shares, became exercisable in equal quarterly installments, contingent upon continued service to the Company, with the first vesting date on April 5, 2015, which was one quarter after the date on which the option was granted.

F4: These options, representing the right to purchase a total of 70,000 shares, became exercisable in equal quarterly installments, contingent upon continued service to the Company, with the first vesting date on May 8, 2017, which was one quarter after the date on which the option was granted.