Dominick Colangelo - Feb 6, 2022 Form 4 Insider Report for Vericel Corp (VCEL)

Role
President and CEO, Director
Signature
/s/ Sean Flynn, as Attorney-in-Fact for Dominick C. Colangelo
Stock symbol
VCEL
Transactions as of
Feb 6, 2022
Transactions value $
-$338,625
Form type
4
Date filed
2/8/2022, 04:01 PM
Previous filing
Jun 17, 2021
Next filing
Feb 15, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VCEL Common Stock Options Exercise $0 +6.94K +4.84% $0.00 150K Feb 6, 2022 Direct F1
transaction VCEL Common Stock Tax liability -$103K -3.05K -2.03% $33.91 147K Feb 6, 2022 Direct 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 -$235K -6.94K -50% $33.91 6.94K Feb 6, 2022 Common Stock 6.94K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 6, 2019. The remaining RSUs will vest on February 6, 2023.
F2 These shares were withheld by the Issuer to satisfy the tax withholding requirements in connection with the vesting of Restricted Stock Units.
F3 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of Vericel Corporation.
F4 No expiration date for this type of award.