Lisa Wright - Apr 30, 2025 Form 4 Insider Report for Vericel Corp (VCEL)

Role
Director
Signature
/s/ Sean Flynn, as Attorney-in-Fact for Lisa Wright
Stock symbol
VCEL
Transactions as of
Apr 30, 2025
Transactions value $
$0
Form type
4
Date filed
5/2/2025, 04:07 PM
Previous filing
Jun 5, 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WRIGHT LISA Director C/O VERICEL CORPORATION, 64 SIDNEY STREET, CAMBRIDGE /s/ Sean Flynn, as Attorney-in-Fact for Lisa Wright 2025-05-02 0001865017

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VCEL Common Stock Options Exercise +3.2K +33.86% 12.7K Apr 30, 2025 Direct F1, F2

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 Restricted Stock Unit Options Exercise +3.2K 0 Apr 30, 2025 Common Stock 3.2K Direct F2, F3, F4, F5
transaction VCEL Stock Option (Right to Buy) Award $0 +8K $0.00 8K Apr 30, 2025 Common Stock 8K $38.02 Direct F6
transaction VCEL Restricted Stock Unit Award $0 +3.2K $0.00 3.2K Apr 30, 2025 Common Stock 3.2K Direct F2, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units (RSUs) converted to Phantom Stock units and are deferred under the Vericel Corporation Deferred Compensation Plan. The units will be payable only in shares of Common Stock upon the Reporting Person's elected Benefit Distribution Date.
F2 Upon the vesting of RSUs granted to the Reporting Person on May 1, 2024, the Reporting Person deferred the receipt of 3,200 shares of Common Stock and instead received 3,200 shares of Phantom Stock pursuant to the Vericel Corporation Deferred Compensation Plan.
F3 Each RSU represents a contingent right to receive one share of common stock of Vericel Corporation.
F4 These RSUs vest 100% on the earlier of May 1, 2025, or the date of the first Annual Meeting of Stockholders following May 1, 2024.
F5 No expiration date for this type of award.
F6 The option vests over a 1-year period, in equal monthly increments, contingent upon continued service to the Company.
F7 These RSUs vest 100% on the earlier of April 30, 2026, or the date of the first Annual Meeting of Stockholders following April 30, 2025.