SEC Form 4 · accession 0001593968-18-000761
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
May 10, 2018
Accepted (ET)
May 14, 2018 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000887359
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 10, 2018 | S | 1,804 | $13.00 | D | 22,210 | D | |
| Common StockF1 | May 10, 2018 | S | 5,000 | $13.05 | D | 17,210 | D | |
| Common StockF1 | May 10, 2018 | S | 500 | $13.10 | D | 16,710 | D | |
| Common StockF1 | May 10, 2018 | S | 500 | $13.00 | D | 16,210 | D | |
| Common StockF1 | May 10, 2018 | S | 1,500 | $13.05 | D | 14,710 | D | |
| Common StockF1 | May 10, 2018 | S | 500 | $13.05 | D | 14,210 | D | |
| Common StockF1 | May 10, 2018 | S | 692 | $13.00 | D | 13,518 | D | |
| Common StockF1 | May 10, 2018 | S | 500 | $13.05 | D | 13,018 | D | |
| Common StockF1 | May 10, 2018 | S | 500 | $13.10 | D | 12,518 | D | |
| Common Stock | May 10, 2018 | M | 22,687 | $3.57 | A | 35,205 | D | |
| Common StockF1 | May 10, 2018 | S | 2,687 | $13.00 | D | 32,518 | D | |
| Common StockF1 | May 10, 2018 | S | 1,000 | $13.10 | D | 31,518 | D | |
| Common StockF1 | May 10, 2018 | S | 15,000 | $13.05 | D | 16,518 | D | |
| Common StockF1 | May 10, 2018 | S | 1,000 | $13.00 | D | 15,518 | D | |
| Common StockF1 | May 10, 2018 | S | 2,000 | $13.05 | D | 13,518 | D | |
| Common StockF1 | May 10, 2018 | S | 1,000 | $13.05 | D | 12,518 | D | |
| Common Stock | May 14, 2018 | M | 35,360 | $3.02 | A | 47,878 | D | |
| Common Stock | May 14, 2018 | M | 10,313 | $3.57 | A | 58,191 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $3.57 | May 14, 2018 | M | 10,313 | D | Apr 3, 2014 | Jan 3, 2024 | Common Stock | 10,313 | 0 | D |
| Stock Option (right to buy)F3 | $3.02 | May 14, 2018 | M | 35,360 | D | Apr 5, 2015 | Jan 5, 2025 | Common Stock | 35,360 | 156,640 | D |
| Stock Option (right to buy)F2 | $3.57 | May 10, 2018 | M | 22,687 | D | Apr 3, 2014 | Jan 3, 2024 | Common Stock | 22,687 | 0 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected by an automatic sale pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2018.
- F2These options vest quarterly over four years commencing on the grant date, January 3, 2014
- F3These options vest quarterly over four years commencing on the grant date, January 5, 2015