Vericel Corp — Director's Dealing 2021

Jun 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2021-06-01

Reporting Person: WRIGHT LISA (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-01	Restricted Stock Unit	$	A	1300	Acquired		Common Stock (1300)	Direct
2021-06-01	Stock Option (right to buy)	$56.49	A	3250	Acquired	2031-06-01	Common Stock (3250)	Direct
2021-06-01	Stock Option (right to buy)	$56.49	A	5877	Acquired	2031-06-01	Common Stock (5877)	Direct
2021-06-01	Restricted Stock Unit	$	A	2351	Acquired		Common Stock (2351)	Direct

Footnotes

F1: Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of Vericel Corporation.

F2: These RSUs vest in equal annual installments over three years, beginning on June 1, 2021.

F3: No expiration date for this type of award.

F4: These options, representing the right to purchase a total of 3,250 shares, shall vest and become exercisable in equal monthly installments over three years, beginning on June 1, 2021, contingent upon continued service to the Company.

F5: These options, representing the right to purchase a total of 5,877 shares, shall vest and become exercisable in equal monthly installments beginning on June 1, 2021, and shall become fully vested and exercisable on the earlier of the date of the Company's next annual meeting of shareholders or April 27, 2022, contingent upon continued service to the Company.

F6: These RSUs shall vest on the earlier of June 1, 2022 or the date of the Company's next annual meeting of shareholders, contingent upon continued service to the Company.