SEC Form 4 · accession 0001593968-18-000934
Vericel Corp · VCEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul K Wotton
Director
Period of report
Jun 18, 2018
Accepted (ET)
Jun 20, 2018 · 2:05 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 Stock | Jun 18, 2018 | M | 5,000 | $3.74 | A | 5,000 | D | |
| Common Stock | Jun 18, 2018 | M | 10,000 | $2.76 | A | 15,000 | D | |
| Common Stock | Jun 18, 2018 | M | 15,000 | $3.74 | A | 30,000 | D | |
| Common StockF1 | Jun 18, 2018 | S | 10,000 | $12.06 | D | 20,000 | D | |
| Common StockF1 | Jun 18, 2018 | S | 15,000 | $12.06 | D | 5,000 | D | |
| Common StockF1 | Jun 18, 2018 | S | 5,000 | $12.06 | D | 0 | 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 | $3.74 | Jun 18, 2018 | M | 5,000 | D | Mar 20, 2015 | Mar 20, 2025 | Common Stock | 5,000 | 0 | D |
| Stock Option (right to buy)F3 | $2.76 | Jun 18, 2018 | M | 10,000 | D | May 4, 2016 | May 4, 2026 | Common Stock | 10,000 | 5,000 | D |
| Stock Option (right to buy)F4 | $3.74 | Jun 18, 2018 | M | 15,000 | D | Mar 20, 2015 | Mar 20, 2025 | Common Stock | 15,000 | 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 May 18, 2018.
- F2The options, representing a right to purchase a total of 5,000 shares, became exercisable in twelve equal monthly installments beginning on March 20, 2015, which was the date on which the option was granted.
- F3The options, representing a right to purchase a total of 10,000 shares, became exercisable in twelve equal monthly installments beginning on May 4, 2016, which was the date on which the option was granted.
- F4The options, representing a right to purchase a total of 15,000 shares, became exercisable in thirty six equal monthly installments beginning on March 20, 2015, which was the date on which the option was granted.