Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VCEL | Stock Option (Right to Buy) | Award | $0 | +183K | $0.00 | 183K | Feb 20, 2025 | Common Stock | 183K | $54.31 | Direct | F1 | |
transaction | VCEL | Restricted Stock Unit | Award | $0 | +73K | $0.00 | 73K | Feb 20, 2025 | Common Stock | 73K | Direct | F2, F3, F4 |
Id | Content |
---|---|
F1 | These options shall begin vesting on February 20, 2025 and shall continue to vest and become exercisable in equal quarterly installments over the course of the following four (4) year period. |
F2 | Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of Vericel Corporation. |
F3 | These RSUs vest in four annual installments with the initial vesting of RSUs granted to the Reporting Person on February 20, 2026. The remaining RSUs will vest in annual installments on February 20, 2027, February 20, 2028, and February 20, 2029, respectively. |
F4 | No expiration date for this type of award. |