SEC Form 4 · accession 0001593968-19-000483
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 15, 2019
Accepted (ET)
Feb 19, 2019 · 4:05 pm EST
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 | Feb 15, 2019 | M | 27,500 | $3.02 | A | 102,663 | D | |
| Common Stock | Feb 15, 2019 | M | 8,692 | $1.95 | A | 111,355 | 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)F1 | $3.02 | Feb 15, 2019 | M | 27,500 | D | — | Jan 5, 2025 | Common Stock | 27,500 | 383,452 | D |
| Stock Option (right to buy)F2 | $1.95 | Feb 15, 2019 | M | 8,692 | D | — | Feb 9, 2026 | Common Stock | 8,692 | 63,496 | D |
Explanation of responses
- F1These options, representing the right to purchase a total of 440,000 shares, became exercisable in equal quarterly installments, contingent upon continued service to the Company, with the first vesting date on April 5, 2015, which was one quarter after the date on which the option was granted.
- F2These options, representing the right to purchase a total of 165,000 shares, became exercisable in equal quarterly installments, contingent upon continued service to the Company, with the first vesting date on May 9, 2016, which was one quarter after the date on which the option was granted.