Home/Filings/4/0000784199-16-000203
4//SEC Filing

CRYOLIFE INC 4

Accession 0000784199-16-000203

$AORTCIK 0000784199operating

Filed

Feb 22, 7:00 PM ET

Accepted

Feb 23, 5:37 PM ET

Size

10.7 KB

Accession

0000784199-16-000203

Insider Transaction Report

Form 4
Period: 2016-02-19
Gale David C
VP-Research and Development
Transactions
  • Tax Payment

    Common Stock

    2016-02-19$10.24/sh1,594$16,32369,575 total
  • Award

    Stock Option (Right to Buy)

    2016-02-19+20,71320,713 total
    Exercise: $10.24From: 2017-02-19Exp: 2022-02-19Common Stock (20,713 underlying)
  • Award

    Common Stock

    2016-02-19$10.24/sh+7,353$75,29561,605 total
  • Award

    Common Stock

    2016-02-19+9,56471,169 total
Footnotes (4)
  • [F1]Represents share of restricted stock that vest on the third anniversary of the grant date if the reporting person remains in the continuous employ of the Company.
  • [F2]Represents performance stock units granted on February 19, 2015 and earned at approximately 129.3% of target based on 2015 adjusted EBITDA. Fifty percent (50%) or 4,782 shares vested and were issued on February 19, 2016. The remaining 4,782 shares earned in connection with the February 2015 grant will vest and be issued as follows: 50% on 02/19/2017, and 50% on 02/19/2018, assuming continued employment on the relevant vesting date.
  • [F3]These shares were withheld upon the vesting of performance stock units to pay tax withholding obligations.
  • [F4]Stock option vests 33 1/3% per year beginning on the first anniversary of the grant date.

Issuer

CRYOLIFE INC

CIK 0000784199

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000784199

Filing Metadata

Form type
4
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 5:37 PM ET
Size
10.7 KB