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Vericel Corp — Director's Dealing 2021
Aug 31, 2021
31799_dirs_2021-08-31_4a8ddeb9-86d6-4dfb-a807-5caf3f049184.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2021-08-27
Reporting Person: Flynn Sean C. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-27 | Common Stock | M | 7200 | $16.25 | Acquired | 9619 | Direct |
| 2021-08-27 | Common Stock | S | 7200 | $55.1056 | Disposed | 2419 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-27 | Stock Option (right to buy) | $16.25 | M | 7200 | Disposed | 2029-11-04 | Common Stock (7200) | 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: 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 May 13, 2021.
F3: These options, representing the right to purchase 150,000 shares, became exercisable on November 4, 2020, the first anniversary of the date of grant, with 25% vesting and the remaining 75% vesting in equal quarterly installments over three years thereafter, contingent upon continued service to the Company.