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ARTIVION, INC. — Director's Dealing 2015
Feb 27, 2015
31684_dirs_2015-02-27_e1740917-2474-4609-9904-6067af7fb299.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: FRONK DAVID (VP, Regulatory Affairs)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-26 | Common Stock | A | 5834 | — | Acquired | 112748 | Direct |
| 2015-02-26 | Common Stock | F | 972 | $10.72 | Disposed | 111776 | Direct |
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 2,917 shares vested and were issued on February 26, 2015. The remaining 2,917 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.