ARTIVION, INC. — Director's Dealing 2015

Feb 20, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRYOLIFE INC (CRY)
CIK: 0000784199
Period of Report: 2015-02-18

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-18	Common Stock	F	5558	$10.82	Disposed	222180	Direct
2015-02-19	Common Stock	A	12333	$11.00	Acquired	234513	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-19	Stock Option (Right to Buy	$11.00	A	34042	Acquired	2022-02-19	Common Stock (34042)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5000	Indirect
Common Stock	1500	Indirect

Footnotes

F1: These shares were withheld upon the vesting of restricted stock to pay tax withholding obligations.

F2: Represents shares 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.

F3: Stock option vests 33 1/3% per year beginning on the first anniversary of the grant date (February 19, 2015).