David Ashley Lee - May 5, 2021 Form 4 Insider Report for CRYOLIFE INC (AORT)

Role
Executive VP, COO & CFO
Signature
/s/ David Ashley Lee
Stock symbol
AORT
Transactions as of
May 5, 2021
Transactions value $
-$817,260
Form type
4
Date filed
5/7/2021, 04:18 PM
Next filing
Feb 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AORT Common Stock Options Exercise $300K +27.2K +9.31% $11.00 320K May 5, 2021 Direct F1
transaction AORT Common Stock Sale -$817K -27.2K -8.52% $30.00 293K May 5, 2021 Direct F1, F2
holding AORT Common Stock 6.5K May 5, 2021 *Indirect shares owned by spouse (5000) and minor children (1,500)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AORT Common Stock Options Exercise -$300K -27.2K -100% $11.00 0 May 5, 2021 Common Stock 27.2K $11.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this form was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on Feb 26, 2021
F2 Reflects the price of $30 the shares were sold. 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 this price
F3 Stock option vests 33 1/3% per year beginning on the first anniversary of the grant date. The first exercisable date was 2/19/2016