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      <issuerContactPhone>7349305555</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>ZERBE ROBERT L MD</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
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      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>900 Salem St</com:street1>
          <com:city>Smithfield</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02917</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
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      <aggregateMarketValue>38840.00</aggregateMarketValue>
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      <approxSaleDate>07/14/2023</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
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      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>11/23/2020</acquiredDate>
      <natureOfAcquisitionTransaction>Stock Option Exercise</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
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      <paymentDate>11/23/2020</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
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          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02139</com:zipCode>
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      <securitiesClassTitle>Common</securitiesClassTitle>
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      <grossProceeds>108000.00</grossProceeds>
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      <noticeDate>07/14/2023</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>09/12/2022</planAdoptionDate>
      </planAdoptionDates>
      <signature>/s/ Daniel Tucci, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Robert Zerbe</signature>
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144
0001220363
XXXXXXXX
LIVE
0000887359
Vericel Corp
001-35280
64 SIDNEY ST.
CAMBRIDGE
MA
02139
7349305555
ZERBE ROBERT L MD
Director
Common
Fidelity Brokerage Services LLC
900 Salem St
Smithfield
RI
02917
1000
38840.00
47564919
07/14/2023
NASDAQ
Common
11/23/2020
Stock Option Exercise
Issuer
N
3000
11/23/2020
Cash
N
Robert Zerbe
64 Sidney Street
Cambridge
MA
02139
Common
06/22/2023
3000
108000.00
07/14/2023
09/12/2022
/s/ Daniel Tucci, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Robert Zerbe