VERICEL CORP

Ticker: VCEL CUSIP: 92346J108 Class: Common Stock

KENNEDY CAPITAL MANAGEMENT LLC's Holding History (CIK: 0000884589)

Note: Option positions (PUT/CALL) are excluded.

Q3 2016

Shares 822,335 Value ($000) $2,303 Avg Close $2.30 Range $2.07 - $3.13

Q2 2016

Shares 840,394 Value ($000) $1,891 Avg Close $2.88 Range $1.96 - $6.69

Q1 2016

Shares 879,183 Value ($000) $5,152 Avg Close $2.80 Range $1.76 - $6.35

Q4 2015

Shares 694,684 Value ($000) $1,792 Avg Close $2.24 Range $1.69 - $2.81

Q3 2015

Shares 697,283 Value ($000) $1,890 Avg Close $3.28 Range $2.40 - $3.67

Q2 2015

Shares 699,944 Value ($000) $2,499 Avg Close $3.43 Range $3.00 - $3.82

Q1 2015

Shares 704,772 Value ($000) $2,608 Avg Close $3.41 Range $2.75 - $4.35

Q4 2014

Shares 299,555 Value ($000) $911 Avg Close $2.85 Range $2.60 - $3.10

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	822,335	$2,303	$2.30	$2.07 - $3.13
Q2 2016	840,394	$1,891	$2.88	$1.96 - $6.69
Q1 2016	879,183	$5,152	$2.80	$1.76 - $6.35
Q4 2015	694,684	$1,792	$2.24	$1.69 - $2.81
Q3 2015	697,283	$1,890	$3.28	$2.40 - $3.67
Q2 2015	699,944	$2,499	$3.43	$3.00 - $3.82
Q1 2015	704,772	$2,608	$3.41	$2.75 - $4.35
Q4 2014	299,555	$911	$2.85	$2.60 - $3.10