Vericel Corp — Director's Dealing 2023

May 5, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2023-05-03

Reporting Person: ZERBE ROBERT L MD (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-03	Stock Option (right to buy)	$32.12	A	8000	Acquired	2033-05-03	Common Stock (8000)	Direct
2023-05-03	Restricted Stock Unit	$	A	3200	Acquired		Common Stock (3200)	Direct

Footnotes

F1: The option vests over a 1-year period, in equal monthly increments, contingent upon continued service to the Company.

F2: Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of Vericel Corporation.

F3: These RSUs vest 100% on the earlier of May 3, 2024 or the date of the first Annual Meeting of Stockholders following May 3, 2023.

F4: No expiration date for this type of award.