X0508 4 2025-02-20 0000887359 Vericel Corp VCEL 0001801993 Flynn Sean C. 64 SIDNEY STREET CAMBRIDGE MA 02139 true Chief Legal Officer true Common Stock 2025-02-20 4 S 0 3835 57.32 D 756 D Stock Option (Right to Buy) 54.31 2025-02-20 4 A 0 35000 0 A 2035-02-20 Common Stock 35000 35000 D Restricted Stock Unit 2025-02-20 4 A 0 14000 0 A Common Stock 14000 14000 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 March 13, 2024. These shares include shares acquired pursuant to the Issuer's 2015 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c). These options shall begin vesting on February 20, 2025 and shall continue to vest and become exercisable in equal quarterly installments over the course of the following four (4) year period. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of Vericel Corporation. These RSUs vest in four annual installments with the initial vesting of RSUs granted to the Reporting Person on February 20, 2026. The remaining RSUs will vest in annual installments on February 20, 2027, February 20, 2028, and February 20, 2029, respectively. No expiration date for this type of award. /s/ Sean Flynn 2025-02-24