Vericel Corp — Director's Dealing 2023

Feb 14, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2023-02-11

Reporting Person: Colangelo Dominick (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-11	Common Stock	M	7500	—	Acquired	168251	Direct
2023-02-11	Common Stock	F	3515	$29.30	Disposed	164736	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-11	Restricted Stock Unit	$	M	7500	Disposed		Common Stock (7500)	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 February 11, 2020. The remaining RSUs will vest on February 11, 2024.

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 $29.30 per share.