Vericel Corp — Director's Dealing 2020

Nov 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2020-11-23

Reporting Person: ZERBE ROBERT L MD (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-23	Common Stock	M	15000	$3.74	Acquired	34295	Direct
2020-11-23	Common Stock	M	15000	$2.76	Acquired	49295	Direct
2020-11-23	Common Stock	S	17500	$23.55	Disposed	31795	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-23	Stock Option (right to buy)	$3.74	M	15000	Disposed	2025-03-20	Common Stock (15000)	Direct
2020-11-23	Stock Option (right to buy)	$2.76	M	15000	Disposed	2026-05-04	Common Stock (15000)	Direct

Footnotes

F1: These options, representing the right to purchase a total of 15,000 shares, were originally granted on March 20, 2015, with 624 shares becoming exercisable on the grant date, 312 shares becoming exercisable on March 31, 2015 and the remainder becoming exercisable in equal monthly installments, contingent upon continued service to the Company, from April 30, 2015 through December 31, 2017.

F2: These options, representing the right to purchase a total of 15,000 shares, were originally granted on May 4, 2016, and became exercisable in equal monthly installments over the course of one year, contingent upon continued service to the Company.