secwatch.observer — SEC 8-K summary
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Issuer:     Vericel Corp (VCEL)
CIK:        0000887359
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001140361-23-023201
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vericel adopts deferred comp plan; shareholders reelect directors at annual meeting
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- Board adopted Vericel Corporation Deferred Compensation Plan effective May 3, 2023.
- Plan allows Directors and select management to defer up to 100% of base salary, bonus, cash director fees, and RSUs.
- All eight director nominees elected with votes ranging from 35.4M to 40.2M in favor.
- Non-binding advisory vote on executive compensation approved: 38.4M for, 3.2M against, 150K abstentions.
- Ratification of PwC as independent auditor for FY2023 approved: 42.4M for, 1.8M against, 205K abstentions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887359/000114036123023201/0001140361-23-023201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887359/000114036123023201/brhc20052514_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-023201

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