| Accession Number: | 0001593968-19-001743 |
| Date: | 2019-08-14 |
| Issuer: | VERICEL CORP (VCEL) |
| Original Submission Date: |
MICHEL GERARD J
C/O VERICEL CORPORATION
64 SIDNEY STREET
CAMBRIDGE, MA 02139
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | 2019-08-14 | M | 17,000 | a | $3.02 | 140,182 | direct | ||
| COMMON STOCK | 2019-08-14 | S | 17,000 | d | $16.62 | 123,182 | direct |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTION (RIGHT TO BUY) | 3.02 | 2019-08-14 | deemed execution date | M | 17,000 (d) | 2025-01-05 | common stock 17,000 | $3.02 | 69,769 | direct |
| ID | footnote |
|---|---|
| f1 | the 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 june 13, 2018. |
| f2 | these options, representing the right to purchase a total of 180,000 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. |
