Vericel Corp — Director's Dealing 2022

Apr 29, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2022-04-27

Reporting Person: WRIGHT LISA (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-27	Common Stock	M	2351	—	Acquired	2351	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-27	Restricted Stock Unit	$	M	2351	Disposed		Common Stock (2351)	Direct
2022-04-27	Restricted Stock Unit	$	A	2600	Acquired		Common Stock (2600)	Direct
2022-04-27	Stock Option (right to buy)	$31.99	A	6500	Acquired	2032-04-27	Common Stock (6500)	Direct

Footnotes

F1: The shares of common stock were acquired by the Reporting Person as a result of the vesting of Restricted Stock Units (RSUs) granted to the Reporting Person on June 1, 2021.

F2: Each RSU represents a contingent right to receive one share of common stock of Vericel Corporation.

F3: These RSUs vest 100% on the earlier of April 28, 2022 or the date of the first Annual Meeting of Stockholders following April 28, 2021. The first Annual Meeting of Stockholders occurred on April 27, 2022.

F4: No expiration date for this type of award.

F5: These RSUs vest 100% on the earlier of April 27, 2023 or the date of the first Annual Meeting of Stockholders following April 27, 2022.

F6: The option vests over a 1-year period, in equal monthly increments, contingent upon continued service to the Company.