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ARTIVION, INC. Director's Dealing 2015

Feb 27, 2015

31684_dirs_2015-02-27_39796491-ee45-4c71-90ea-913c7689419c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRYOLIFE INC (CRY)
CIK: 0000784199
Period of Report: 2015-02-26

Reporting Person: LEE DAVID ASHLEY (Executive VP, COO & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-02-26 Common Stock A 8334 Acquired 242847 Direct
2015-02-26 Common Stock F 1389 $10.72 Disposed 241458 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5000 Indirect
Common Stock 1500 Indirect

Footnotes

F1: Represents performance stock units granted on February 26, 2014 and earned at approximately 50% of target based on 2014 adjusted EBITDA. Fifty percent (50%) or 4,167 shares vested and were issued on February 26, 2015. The remaining 4,167 shares earned in connection with the February 2014 grant will vest and be issued as follows: 50% on 02/26/2016, and 50% on 02/26/2017, 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.