ARTIVION, INC. — Director's Dealing 2014

Sep 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRYOLIFE INC (CRY)
CIK: 0000784199
Period of Report: 2014-09-02

Reporting Person: Mackin James P (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-02	Common Stock	A	250000	—	Acquired	250000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-02	Stock Option (Right to Buy)	$10.18	A	400000	Acquired	2021-09-02	Common Stock (400000)	Direct

Footnotes

F1: Represents shares of restricted stock that cliff vest on September 2, 2017, provided (i) Mr. Mackin's employment with CryoLife continues through such date, and (ii) CryoLife achieves at least $20 million in adjusted EBITDA over any four consecutive quarters during Mr. Mackin's employment.

F2: Stock option vests 33 1/3% per year beginning on first anniversary of grant date (September 2, 2014).