Vericel Corp — Director's Dealing 2025

May 16, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2025-05-14

Reporting Person: Colangelo Dominick (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-14	Common Stock	M	14062	$2.65	Acquired	274416	Direct
2025-05-14	Common Stock	S	14062	$42.25	Disposed	260354	Direct
2025-05-15	Common Stock	M	14063	$2.65	Acquired	274417	Direct
2025-05-15	Common Stock	S	14063	$41.53	Disposed	260354	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-14	Stock Option (Right to Buy)	$2.65	M	14062	Acquired		Common Stock (14062)	Direct
2025-05-15	Stock Option (Right to Buy)	$2.65	M	14063	Acquired		Common Stock (14063)	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 December 2, 2024.

F3: 6.25% of these options, representing the right to purchase a total of 90,000 shares, became exercisable immediately on May 22, 2017. An additional 6.25% became exercisable on August 8, 2017 and continued to vest in equal quarterly installments from August 8, 2017, contingent upon continued service to the Company.

F4: These options, which were awarded on May 22, 2017, would otherwise expire and become forfeitable on May 22, 2027.