Wotton Paul K 4
4 · Vericel Corp · Filed Apr 29, 2022
Insider Transaction Report
Form 4
Vericel CorpVCEL
Wotton Paul K
Director
Transactions
- Exercise/Conversion
Common Stock
2022-04-27+2,600→ 29,202 total - Exercise/Conversion
Restricted Stock Unit
2022-04-27−2,600→ 0 total→ Common Stock (2,600 underlying) - Award
Stock Option (right to buy)
2022-04-27+6,500→ 6,500 totalExercise: $31.99Exp: 2032-04-27→ Common Stock (6,500 underlying) - Award
Restricted Stock Unit
2022-04-27+2,600→ 2,600 total→ Common Stock (2,600 underlying)
Footnotes (6)
- [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 April 28, 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]The option vests over a 1-year period, in equal monthly increments, contingent upon continued service to the Company.
- [F6]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.