Vericel Corp — Director's Dealing 2019

May 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2019-05-01

Reporting Person: Wotton Paul K (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-01	Stock Option (right to buy)	$16.62	A	13125	Acquired	2029-05-01	Common Stock (13125)	Direct
2019-05-01	Restricted Stock Unit	$	A	1750	Acquired		Common Stock (1750)	Direct

Footnotes

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

F2: Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of Vericel Corporation.

F3: These RSUs vest 100% on the earlier of May 1, 2020 or the date of the first Annual Meeting of Stockholders following May 1, 2019.

F4: No expiration date for this type of award.