David Ashley Lee - 23 Feb 2023 Form 4 Insider Report for ARTIVION, INC. (AORT)

Role
Executive VP, COO & CFO
Signature
/s/ David Ashley Lee
Issuer symbol
AORT
Transactions as of
23 Feb 2023
Net transactions value
-$40,030
Form type
4
Filing time
01 Mar 2023, 17:49:57 UTC
Previous filing
21 Feb 2023
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AORT Common Stock Award $0 +4,713 +1.4% $0.000000 337,011 23 Feb 2023 Direct F1
transaction AORT Common Stock Sale $19,303 -1,492 -0.44% $12.94 335,519 27 Feb 2023 Direct F2
transaction AORT Common Stock Award $0 +10,122 +3% $0.000000 345,641 23 Feb 2023 Direct F3
transaction AORT Common Stock Sale $20,727 -1,602 -0.46% $12.94 344,039 27 Feb 2023 Direct F2
holding AORT Common Stock 22,560 23 Feb 2023 *Indirect shares owned by Spouse (5,000), Shares to DAL Trust (17,560)
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock units granted on Feb 23, 2022. Hundred percent (100%) were issued on Feb 23, 2023.
F2 These shares were sold upon the vesting of performance stock units to pay tax withholding obligations. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction.
F3 Represents performance stock units granted on Feb 23, 2022. Fifty percent (50%) were issued on Feb 23, 2023. The remaining shares earned in connection with the Feb 2022 grant will be eligible to vest and be issued as follows: 25% on 02/23/2024, and 25% on 02/23/2025, assuming continued employment on the relevant vesting date.