Vericel Corp — Director's Dealing 2021

May 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2021-05-11

Reporting Person: Wotton Paul K (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-11	Common Stock	M	17500	$13.05	Acquired	21000	Direct
2021-05-11	Common Stock	M	13125	$14.56	Acquired	34125	Direct
2021-05-11	Common Stock	M	13125	$16.62	Acquired	47250	Direct
2021-05-11	Common Stock	S	13448	$50.1132	Disposed	33802	Direct
2021-05-12	Common Stock	S	2200	$48.8789	Disposed	31602	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-11	Stock Option (right to buy)	$13.05	M	17500	Disposed	2028-05-02	Common Stock (17500)	Direct
2021-05-11	Stock Option (right to buy)	$14.56	M	13125	Disposed	2030-04-29	Common Stock (13125)	Direct
2021-05-11	Stock Option (right to buy)	$16.62	M	13125	Disposed	2029-05-01	Common Stock (13125)	Direct

Footnotes

F1: These options, representing the right to purchase a total of 17,500 shares, became exercisable in equal monthly installments over one year, beginning on May 2, 2018, contingent upon continued service to the Company.

F2: These options, representing the right to purchase a total of 13,125 shares, became exercisable in equal monthly installments over one year, beginning on April 29, 2020, contingent upon continued service to the Company.

F3: These options, representing the right to purchase a total of 13,125 shares, became exercisable in equal monthly installments over one year, beginning on May 1, 2019, contingent upon continued service to the Company.