SEC Form 4 · accession 0001593968-18-000790
Vericel Corp · VCEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dominick Colangelo
Officer — President and CEO · Director
Period of report
May 16, 2018
Accepted (ET)
May 18, 2018 · 4:00 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 17, 2018 | S | 20,000 | $14.01 | D | 53,085 | D | |
| Common Stock | May 17, 2018 | M | 10,000 | $2.75 | A | 63,085 | D | |
| Common Stock | May 17, 2018 | M | 1,548 | $3.02 | A | 64,633 | D | |
| Common Stock | May 17, 2018 | M | 17,812 | $1.95 | A | 82,445 | D | |
| Common StockF1 | May 16, 2018 | S | 900 | $14.00 | D | 81,545 | D | |
| Common StockF1 | May 17, 2018 | S | 2,077 | $14.00 | D | 79,468 | D | |
| Common StockF1 | May 17, 2018 | S | 3,083 | $14.00 | D | 76,385 | D | |
| Common StockF1 | May 17, 2018 | S | 2,826 | $14.00 | D | 73,559 | 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 | $2.75 | May 17, 2018 | M | 10,000 | D | May 8, 2017 | Feb 8, 2027 | Common Stock | 10,000 | 200,000 | D |
| Stock Option (right to buy)F3 | $3.02 | May 17, 2018 | M | 1,548 | D | Apr 5, 2015 | Jan 5, 2025 | Common Stock | 1,548 | 410,952 | D |
| Stock Option (right to buy)F4 | $1.95 | May 17, 2018 | M | 17,812 | D | May 9, 2016 | Feb 9, 2026 | Common Stock | 17,812 | 147,188 | 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 15, 2018.
- F2These options vest quarterly over four years commencing on the grant date, February 8, 2017.
- F3These options vest quarterly over four years commencing on the grant date, January 5, 2015
- F4These options vest quarterly over four years commencing on the grant date, February 9, 2016.