SEC Form 4 · accession 0001593968-19-000394
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
Feb 6, 2019
Accepted (ET)
Feb 8, 2019 · 4:05 pm 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $16.66 | Feb 6, 2019 | A | 6,002 | A | May 6, 2019 | Feb 6, 2029 | Common Stock | 6,002 | 6,002 | D |
| Restricted Stock UnitF2,F3,F4 | — | Feb 6, 2019 | A | 27,750 | A | — | — | Common Stock | 27,750 | 27,750 | D |
| Stock Option (right to buy)F1 | $16.66 | Feb 6, 2019 | A | 303,998 | A | May 6, 2019 | Feb 6, 2029 | Common Stock | 303,998 | 303,998 | D |
Explanation of responses
- F1These options shall begin vesting on February 6, 2019 and shall vest and become exercisable in equal quarterly installments over the course of the following four (4) year period.
- F2Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of Vericel Corporation.
- F3These RSUs vest in four annual installments with 6,937 RSUs vesting on February 6, 2020, 6,938 RSUs vesting on February 6, 2021, 6,937 RSUs vesting on February 6, 2022, and 6,938 RSUs vesting on February 6, 2023.
- F4No expiration date for this type of award.