Vericel Corp — Director's Dealing 2023

Oct 4, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2023-10-02

Reporting Person: SIEGAL JONATHAN (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-02	Common Stock	M	938	—	Acquired	2134	Direct
2023-10-02	Common Stock	F	276	$33.19	Disposed	1858	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-02	Restricted Stock Unit	$	M	938	Acquired		Common Stock (938)	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 September 30, 2021. The remaining RSUs will vest in annual installments on September 30, 2024, and September 30, 2025, respectively.

F2: 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).

F3: These shares were withheld by the Issuer to satisfy the tax withholding requirements in connection with the vesting of RSUs.

F4: Each RSU represents a contingent right to receive one share of common stock of Vericel Corporation.

F5: No expiration date for this type of award.

F6: The Fair Market Value of the vested derivative securities is $33.19 per share.