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Vericel Corp — Director's Dealing 2024
Oct 2, 2024
31799_dirs_2024-10-02_43cd510c-5d24-453b-bcf8-d2a6bd284017.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: 2024-09-30
Reporting Person: SIEGAL JONATHAN (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-09-30 | Common Stock | M | 937 | — | Acquired | 2061 | Direct |
| 2024-09-30 | Common Stock | F | 369 | $42.25 | Disposed | 1692 | Direct |
| 2024-10-01 | Common Stock | S | 568 | $41.9 | Disposed | 1124 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-09-30 | Restricted Stock Unit | $ | M | 937 | Acquired | Common Stock (937) | 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 on September 30, 2025.
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: 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 March 13, 2024.
F5: Each RSU represents a contingent right to receive one share of common stock of Vericel Corporation.
F6: No expiration date for this type of award.
F7: The Fair Market Value of the vested derivative securities is $42.25 per share.