X0306 4 2019-05-13 0000887359 Vericel Corp VCEL 0001235644 MICHEL GERARD J C/O VERICEL CORPORATION 64 SIDNEY STREET CAMBRIDGE MA 02139 false true false false CFO and VP, Corp. Development Common Stock 2019-05-13 4 M false 17500 2.75 A 140172 D Common Stock 2019-05-13 4 S false 17500 17.0205 D 122672 D Stock Option (right to buy) 2.75 2019-05-13 4 M false 17500 0 D 2027-02-08 Common Stock 17500 48125 D 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. These options, representing the right to purchase a total of 70,000 shares, became exercisable in equal quarterly installments, contingent upon continued service to the Company, with the first vesting date on May 8, 2017, which was one quarter after the date on which the option was granted. /s/ Gerard Michel 2019-05-14