David Ashley Lee - 05 May 2021 Form 4 Insider Report for CRYOLIFE INC (AORT)

Signature
/s/ David Ashley Lee
Issuer symbol
AORT
Transactions as of
05 May 2021
Net transactions value
-$817,260
Form type
4
Filing time
07 May 2021, 16:18:46 UTC
Next filing
10 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AORT Common Stock Options Exercise $299,662 +27,242 +9.3% $11.00 319,927 05 May 2021 Direct F1
transaction AORT Common Stock Sale $817,260 -27,242 -8.5% $30.00 292,685 05 May 2021 Direct F1, F2
holding AORT Common Stock 6,500 05 May 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 $299,662 -27,242 -100% $11.00 0 05 May 2021 Common Stock 27,242 $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