Vericel director granted RSUs and stock options
Vericel Corp director Lisa Wright reported equity compensation and a deferral election, with no open-market buying or selling.
Rhea-AI Filing Summary
Vericel Corp director Lisa Wright reported equity compensation and a deferral election, with no open-market buying or selling. She exercised 3,200 Restricted Stock Units (RSUs) into an equal number of Phantom Stock units under Vericel’s Deferred Compensation Plan, and holds 15,851 shares of common stock afterward.
Wright also received a new grant of 3,200 RSUs, each representing one share of common stock, which vest 100% on the earlier of April 30, 2026, or the first Annual Meeting of Stockholders after April 30, 2025. In addition, she was granted stock options for 8,000 shares at an exercise price of $33.43, vesting in equal monthly increments over one year and expiring on April 29, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,200 shares exercised/converted
Exercise
4 txns
Insider
WRIGHT LISA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,200 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 8,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 3,200 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,200 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 8,000 contracts (Direct);
Restricted Stock Unit — 3,200 contracts (Direct);
Common Stock — 15,851 shares (Direct)
Footnotes (7)
- F1. The Restricted Stock Units (RSUs) converted to Phantom Stock units and are deferred under the Vericel Corporation Deferred Compensation Plan. The units will be payable only in shares of Common Stock upon the Reporting Person's elected Benefit Distribution Date.
- F2. Upon the vesting of RSUs granted to the Reporting Person on April 30, 2025, the Reporting Person deferred the receipt of 3,200 shares of Common Stock and instead received 3,200 shares of Phantom Stock pursuant to the Vericel Corporation Deferred Compensation Plan.
- F3. Each RSU represents a contingent right to receive one share of common stock of Vericel Corporation.
- F4. These RSUs vest 100% on the earlier of April 30, 2026, or the date of the first Annual Meeting of Stockholders following April 30, 2025.
- F5. No expiration date for this type of award.
- F6. The option vests over a 1-year period, in equal monthly increments, contingent upon continued service to the Company.
- F7. These RSUs vest 100% on the earlier of April 29, 2027, or the date of the first Annual Meeting of Stockholders following April 29, 2026.
Key Figures
RSUs exercised to Phantom Stock: 3,200 units
Common shares held after transactions: 15,851 shares
New RSU grant: 3,200 RSUs
+3 more
6 metrics
RSUs exercised to Phantom Stock
3,200 units
Converted and deferred under Deferred Compensation Plan
Common shares held after transactions
15,851 shares
Direct holdings following April 29, 2026 activity
New RSU grant
3,200 RSUs
Vest on earlier of April 30, 2026 or first meeting after April 30, 2025
New stock option grant
8,000 options
Right to buy common stock, vesting monthly over 1 year
Stock option exercise price
$33.43 per share
Exercise price for 8,000-share option grant
Stock option expiration
April 29, 2036
Expiration date for 8,000-share option grant
Key Terms
Restricted Stock Units, Phantom Stock, Deferred Compensation Plan, Benefit Distribution Date, +2 more
6 terms
Restricted Stock Units financial
"The Restricted Stock Units (RSUs) converted to Phantom Stock units and are deferred"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Phantom Stock financial
"converted to Phantom Stock units and are deferred under the Vericel Corporation Deferred Compensation Plan"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Deferred Compensation Plan financial
"deferred under the Vericel Corporation Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
Benefit Distribution Date financial
"payable only in shares of Common Stock upon the Reporting Person's elected Benefit Distribution Date"
Annual Meeting of Stockholders financial
"vest 100% on the earlier of April 30, 2026, or the date of the first Annual Meeting of Stockholders"
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) ... The option vests over a 1-year period, in equal monthly increments"
FAQ
What insider transactions did Vericel (VCEL) director Lisa Wright report?
Lisa Wright reported only equity awards and a deferral election, not stock sales. She exercised 3,200 RSUs into Phantom Stock units, received a new 3,200 RSU grant, and was granted options for 8,000 shares at $33.43 per share.
What are the terms of Lisa Wright’s new Vericel (VCEL) RSU grant?
Lisa Wright received 3,200 new RSUs tied to Vericel common stock. These RSUs vest 100% on the earlier of April 30, 2026, or the first Annual Meeting of Stockholders after April 30, 2025, subject to her continued service to the company.
What are the details of Lisa Wright’s new Vericel (VCEL) stock options?
Wright was granted options for 8,000 Vericel shares at $33.43 per share. The options vest over one year in equal monthly installments, contingent on continued service, and expire on April 29, 2036 if not exercised earlier.
How does the Vericel (VCEL) Deferred Compensation Plan affect Lisa Wright’s RSUs?
Wright elected to defer 3,200 RSUs into 3,200 Phantom Stock units under Vericel’s Deferred Compensation Plan. These units are payable only in shares of common stock on her elected Benefit Distribution Date, rather than at the original vesting time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
