CRYOLIFE INC 4
4 · CRYOLIFE INC · Filed Feb 25, 2014
Insider Transaction Report
Form 4
CRYOLIFE INCCRY
Burris Jeffrey W
Vice President & Gen. Counsel
Transactions
- Tax Payment
Common Stock
2014-02-21$9.79/sh−2,199$21,528→ 90,456 total - Award
Common Stock
2014-02-21+13,558→ 92,655 total
Footnotes (2)
- [F1]Represents performance stock units granted on February 12, 2013 and earned at approximately 116% of target based on 2013 adjusted EBITDA. Fifty percent (50%) or 6,779 shares vested and were issued to Mr. Burris on February 21, 2014. The remaining 6,779 shares earned in connection with the February 2013 grant will vest and be issued to Mr. Burris as follows: 50% on 2/12/2015, and 50% on 2/12/2016, assuming continued employment on the relevant vesting date.
- [F2]These shares were withheld upon the vesting of performance stock units to pay tax withholding obligations.