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Vericel Corp Director's Dealing 2019

Jun 18, 2019

31799_dirs_2019-06-18_ce8ca0c0-0f9e-40f1-b84a-531e1ea78a09.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2019-06-15

Reporting Person: Halpin Michael (N/A)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 644 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $16.66 2029-02-06 Common Stock (9678) Direct
Stock Option (right to buy) $7.20 2028-02-07 Common Stock (22198) Direct
Stock Option (right to buy) $16.66 2029-02-06 Common Stock (66572) Direct
Stock Option (right to buy) $7.20 2028-02-07 Common Stock (13132) Direct
Stock Option (right to buy) $2.65 2027-04-10 Common Stock (92110) Direct
Stock Option (right to buy) $2.65 2027-04-10 Common Stock (2890) Direct
Restricted Stock Unit $ Common Stock (7500) Direct

Footnotes

F1: These options shall begin vesting on February 6, 2019 and shall vest and become exercisable in equal quarterly installments over the course of the following four (4) year period.

F2: These options shall begin vesting on February 7, 2018 and shall vest and become exercisable in equal quarterly installments over the course of the following four (4) year period.

F3: These options vest 25% on the first anniversary of the date of grant and 75% vesting in equal monthly installments over three years thereafter.

F4: Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of Vericel Corporation.

F5: These RSUs vest in four annual installments with 1,875 RSUs vesting on February 6, 2020, February 6, 2021, February 6, 2022, and February 6, 2023, respectively.

F6: No expiration date for this type of award.