ARTIVION, INC. — Director's Dealing 2016

Sep 14, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRYOLIFE INC (CRY)
CIK: 0000784199
Period of Report: 2016-09-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-09	Common Stock	D	28847	$17.2647	Disposed	272612	Direct
2016-09-09	Common Stock	M	28847	$7.01	Acquired	301459	Direct
2016-09-12	Common Stock	M	2986	$7.01	Acquired	275598	Direct
2016-09-12	Common Stock	D	2986	$17.2905	Disposed	272612	Direct
2016-09-12	Common Stock	M	1500	$7.01	Acquired	274112	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-09-09	Stock Option	$7.01	M	28847	Disposed	2017-02-22	Common Stock (28847)	Direct
2016-09-12	Stock Option	$7.01	M	2986	Disposed	2017-02-22	Common Stock (2986)	Direct
2016-09-12	Stock Option	$7.01	M	1500	Disposed	2017-02-22	Common Stock (1500)	Direct

Footnotes

F1: Reflects weighted average price. Range was $17.215 to $17.37. The reporting person will provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

F2: Reflects weighted average price. Range was $17.03 to $17.50. The reporting person will provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

F3: Stock option vests 33 1/3% per year beginning on the first anniversary of the grant date. The first exercisable date was 2/22/2011