SEC Form 4 · accession 0001593968-18-000319
Vericel Corp · VCEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Orlando
Officer — Chief Operating Officer
Period of report
Feb 7, 2018
Accepted (ET)
Feb 9, 2018 · 11:08 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000887359
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F1 | $7.20 | Feb 7, 2018 | A | 100,000 | A | May 7, 2018 | Feb 7, 2028 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1These options shall begin vesting on February 7, 2018 and shall vest and become exercisable in equal quarterly installments over the course of the following four (4) year period.