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Vericel Corp Director's Dealing 2024

Jun 25, 2024

31799_dirs_2024-06-24_5fd0040d-92dc-4102-9cb6-84acb118490f.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: 2024-06-20

Reporting Person: Flynn Sean C. (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-06-20 Common Stock M 6754 $16.25 Acquired 7241 Direct
2024-06-20 Common Stock S 6754 $45.04 Disposed 487 Direct
2024-06-21 Common Stock M 6772 $16.25 Acquired 7259 Direct
2024-06-21 Common Stock S 6772 $45.02 Disposed 487 Direct
2024-06-24 Common Stock M 1474 $16.25 Acquired 1961 Direct
2024-06-24 Common Stock S 1474 $45.84 Disposed 487 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-06-20 Stock Option (Right to Buy) $16.25 M 6754 Acquired 2029-11-04 Common Stock (6754) Direct
2024-06-21 Stock Option (Right to Buy) $16.25 M 6772 Acquired 2029-11-04 Common Stock (6772) Direct
2024-06-24 Stock Option (Right to Buy) $16.25 M 1474 Acquired 2029-11-04 Common Stock (1474) Direct

Footnotes

F1: 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).

F2: 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.

F3: These options, representing the right to purchase 150,000 shares, became exercisable on November 4, 2020, the first anniversary of the date of grant, with 25% vesting and the remaining 75% vesting in equal quarterly installments over three years thereafter, contingent upon continued service to the Company.