Vericel Corp — Director's Dealing 2024

Feb 22, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2024-02-20

Reporting Person: SIEGAL JONATHAN (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-20	Common Stock	M	2500	—	Acquired	3900	Direct
2024-02-20	Common Stock	F	1117	$49.5	Disposed	2783	Direct
2024-02-20	Common Stock	M	420	—	Acquired	3203	Direct
2024-02-20	Common Stock	F	169	$49.5	Disposed	3034	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-20	Restricted Stock Unit	$	M	2500	Acquired		Common Stock (2500)	Direct
2024-02-20	Restricted Stock Unit	$	M	420	Acquired		Common Stock (420)	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 17, 2023. The remaining RSUs will vest in annual installments on February 17, 2025, February 17, 2026, and February 17, 2027, 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: The shares of common stock were acquired by the Reporting Person as a result of the vesting of RSUs granted to the Reporting Person on February 18, 2022. The remaining RSUs will vest in annual installments on February 18, 2025, and February 18, 2026, respectively.

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 $49.50 per share.