Dominick Colangelo - Feb 20, 2025 Form 4 Insider Report for Vericel Corp (VCEL)

Signature
/s/ Sean Flynn, as Attorney-in-Fact for Dominick C. Colangelo
Stock symbol
VCEL
Transactions as of
Feb 20, 2025
Transactions value $
$0
Form type
4
Date filed
2/24/2025, 04:05 PM
Previous filing
Feb 20, 2025
Next filing
Feb 26, 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.