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Vericel Corp — Director's Dealing 2021
Mar 2, 2021
31799_dirs_2021-03-02_7b42c0d3-9e3d-42f1-a35b-4ed8ee6655bb.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: 2021-03-01
Reporting Person: Colangelo Dominick (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-01 | Common Stock | S | 1548 | $48.47 | Disposed | 217647 | Direct |
| 2021-03-01 | Common Stock | S | 2260 | $48.78 | Disposed | 215387 | Direct |
| 2021-03-01 | Common Stock | M | 5625 | $2.65 | Acquired | 221012 | Direct |
| 2021-03-01 | Common Stock | M | 6805 | $7.2 | Acquired | 227817 | Direct |
| 2021-03-01 | Common Stock | M | 15925 | $2.75 | Acquired | 243742 | Direct |
| 2021-03-01 | Common Stock | S | 27500 | $48.06 | Disposed | 216242 | Direct |
| 2021-03-01 | Common Stock | S | 8692 | $48.01 | Disposed | 207550 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-01 | Stock Option (right to buy) | $2.65 | M | 5625 | Disposed | 2027-05-22 | Common Stock (5625) | Direct |
| 2021-03-01 | Stock Option (right to buy) | $7.20 | M | 6805 | Disposed | 2028-02-07 | Common Stock (6805) | Direct |
| 2021-03-01 | Stock Option (right to buy) | $2.75 | M | 15925 | Disposed | 2027-02-08 | Common Stock (15925) | Direct |
Footnotes
F1: 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 December 11, 2020.
F2: 6.25% of these options, representing the right to purchase a total of 90,000 shares, became exercisable immediately on May 22, 2017. An additional 6.25% became exercisable on August 8, 2017 and continue to vest in equal quarterly installments from August 8, 2017, contingent upon the continued service to the Company.
F3: These options, representing the right to purchase a total of 300,000 shares, became exercisable in equal quarterly installments, contingent upon continued service to the Company, with the first vesting date on May 7, 2018, which was one quarter after the date on which the option was granted.
F4: These options, representing the right to purchase a total of 210,000 shares, became exercisable in equal quarterly installments, contingent upon continued service to the Company, with the first vesting date on May 8, 2017, which was one quarter after the date on which the option was granted.