Michael Halpin - 06 Feb 2022 Form 4 Insider Report for Vericel Corp (VCEL)

Role
Chief Operating Officer
Signature
/s/ Sean Flynn, as Attorney-in-Fact for Michael Halpin
Issuer symbol
VCEL
Transactions as of
06 Feb 2022
Transactions value $
-$95,151
Form type
4
Filing time
08 Feb 2022, 16:02:43 UTC
Previous filing
28 Oct 2021
Next filing
15 Feb 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 +1.88K +32.31% $0.00 7.68K 06 Feb 2022 Direct F1
transaction VCEL Common Stock Tax liability -$31.6K -931 -12.13% $33.91 6.75K 06 Feb 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 -$63.6K -1.88K -50% $33.91 1.88K 06 Feb 2022 Common Stock 1.88K 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.