CRYOLIFE INC 4
4 · CRYOLIFE INC · Filed Feb 22, 2017
Insider Transaction Report
Form 4
CRYOLIFE INCCRY
Gale David C
VP-Research and Development
Transactions
- Award
Common Stock
2017-02-19$17.25/sh+10,471$180,625→ 78,854 total - Tax Payment
Common Stock
2017-02-19$17.25/sh−777$13,403→ 68,383 total - Tax Payment
Common Stock
2017-02-19$17.25/sh−1,745$30,101→ 77,109 total - Award
Common Stock
2017-02-21+3,778→ 80,887 total
Holdings
- 10,642
Stock Option (Right to Buy)
Exercise: $16.30From: 2018-02-21Exp: 2024-02-21→ Common Stock (10,642 underlying)
Footnotes (3)
- [F1]These shares were withheld upon the vesting of restricted stock to pay tax withholding obligations.
- [F2]Represents performance stock units granted on February 19, 2016 and earned at approximately 142.2% of target based on 2016 adjusted EBITDA. Fifty percent (50%) were issued on February 19, 2017. The remaining shares earned in connection with the February 2016 grant will vest and be issued as follows: 50% on 02/19/2018, and 50% on 02/19/2019, assuming continued employment on the relevant vesting date.
- [F3]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.