LISA WRIGHT - 27 Apr 2022 Form 4 Insider Report for Vericel Corp (VCEL)

Role: Director
Signature: /s/ Sean Flynn, as Attorney-in-Fact for Lisa Wright
Issuer symbol: VCEL
Transactions as of: 27 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 29 Apr 2022, 16:22:28 UTC
Previous filing: 03 Jun 2021
Next filing: 02 Jun 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		+2,351			2,351	27 Apr 2022	Direct	F1

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	$0	-2,351	-100%	$0.000000^*	0	27 Apr 2022	Common Stock	2,351		Direct	F2, F3, F4
transaction	VCEL	Restricted Stock Unit	Award	$0	+2,600		$0.000000	2,600	27 Apr 2022	Common Stock	2,600		Direct	F2, F4, F5
transaction	VCEL	Stock Option (right to buy)	Award	$0	+6,500		$0.000000	6,500	27 Apr 2022	Common Stock	6,500	$31.99	Direct	F6

* 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 Restricted Stock Units (RSUs) granted to the Reporting Person on June 1, 2021.
F2	Each RSU represents a contingent right to receive one share of common stock of Vericel Corporation.
F3	These RSUs vest 100% on the earlier of April 28, 2022 or the date of the first Annual Meeting of Stockholders following April 28, 2021. The first Annual Meeting of Stockholders occurred on April 27, 2022.
F4	No expiration date for this type of award.
F5	These RSUs vest 100% on the earlier of April 27, 2023 or the date of the first Annual Meeting of Stockholders following April 27, 2022.
F6	The option vests over a 1-year period, in equal monthly increments, contingent upon continued service to the Company.