-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FI0Uvz/a3Ha5Txo0QZmsQIYoNs3r6py6wukPU7j3H7W7EK8rHut7nv1VysJ26C7o C198qA9hq49fTp6J+vNUwg== 0000914062-06-000280.txt : 20060508 0000914062-06-000280.hdr.sgml : 20060508 20060508165126 ACCESSION NUMBER: 0000914062-06-000280 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060504 FILED AS OF DATE: 20060508 DATE AS OF CHANGE: 20060508 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CRYOLIFE INC CENTRAL INDEX KEY: 0000784199 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 592417093 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1655 ROBERTS BOULEVARD N W STREET 2: STE 142 CITY: KENNESAW STATE: GA ZIP: 30144 BUSINESS PHONE: 7704193355 MAIL ADDRESS: STREET 1: 1655 ROBERTS BOULEVARD N W STREET 2: STE 142 CITY: KENNESAW STATE: GA ZIP: 30144 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LEE DAVID ASHLEY CENTRAL INDEX KEY: 0001112830 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13165 FILM NUMBER: 06817341 MAIL ADDRESS: STREET 1: C/O CRYOLIFE INC STREET 2: 1655 ROBERTS BLVD NW CITY: KENNESAW STATE: GA ZIP: 30144 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2006-05-04 0000784199 CRYOLIFE INC CRY 0001112830 LEE DAVID ASHLEY CRYOLIFE, INC. 1655 ROBERTS BLVD., N.W. KENNESAW GA 30144 0 1 0 0 Exec. VP, COO and CFO Stock Option 5.03 2006-05-04 4 A 0 250000 0 A 2007-05-04 2011-11-04 Common Stock 250000 250000 D The options will become exercisable subject to the Reporting Person remaining continuously employed by CryoLife as follows: 50,000 shares will become subject to exercise on the first anniversary of the option grant and 50,000 more shares will become subject to exercise on each subsequent anniversary thereof until all 250,000 shares (100% of the option) are subject to exercise (on the fifth anniversary, assuming continuous employment).The option will have a term of 66 months but the option may terminate earlier as stated in the option document. The right to exercise will accelerate for all shares subject to the option agreement if, during the employment period and during the Reporting Person's continuous employment, (i) CryoLife terminates the Reporting Person's employment other than for cause, death or disability, (ii) the Reporting Person terminates employment for good reason, or (iii) the Reporting Person becomes entitled to receive a retention payment under his employment agreem ent /s/ D.A. Lee 2006-05-08 -----END PRIVACY-ENHANCED MESSAGE-----