-----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, Se+JFxF/ov/zze743w49UvFXdNYps4VhtFtARS/Iu0GIy7k+14Cz07yQuKgpNGje +4JKPr4hn9t8BJsXKbrs+w== 0000914062-08-000389.txt : 20080811 0000914062-08-000389.hdr.sgml : 20080811 20080811174116 ACCESSION NUMBER: 0000914062-08-000389 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080807 FILED AS OF DATE: 20080811 DATE AS OF CHANGE: 20080811 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: 081007553 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 X0303 4 2008-08-07 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 Common Stock 2008-08-07 4 M 0 10000 5.03 A 118716 D Common Stock 2008-08-07 4 S 0 2100 13.71 D 116616 D Common Stock 2008-08-07 4 S 0 1400 13.72 D 115216 D Common Stock 2008-08-07 4 S 0 1376 13.73 D 113840 D Common Stock 2008-08-07 4 S 0 1709 13.74 D 112131 D Common Stock 2008-08-07 4 S 0 1717 13.75 D 110414 D Common Stock 2008-08-07 4 S 0 1918 13.76 D 108496 D Common Stock 2008-08-07 4 S 0 1490 13.77 D 107006 D Common Stock 2008-08-07 4 S 0 1700 13.78 D 105306 D Common Stock 2008-08-07 4 S 0 600 13.79 D 104706 D Common Stock 2008-08-07 4 S 0 690 13.80 D 104016 D Common Stock 2008-08-07 4 S 0 300 13.82 D 103716 D Common Stock 2008-08-07 4 S 0 500 14.00 D 103216 D Common Stock 2008-08-11 4 M 0 10000 5.03 A 113216 D Common Stock 2008-08-11 4 S 0 11533 14.00 D 101683 D Common Stock 2008-08-11 4 S 0 747 14.01 D 100936 D Common Stock 1700 I By Parents Common Stock 1500 I By Children Stock Option 5.03 2008-08-07 4 M 0 10000 0 D 2007-05-04 2011-11-04 Common Stock 10000 240000 D Stock Option 5.03 2008-08-11 4 M 0 10000 0 D 2007-05-04 2011-11-04 Common Stock 10000 230000 D The sales and option exercise reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 16, 2008. The reporting person holds 1,700 shares indirectly through parents for which the reporting person has power of disposition only and disclaims beneficial ownership. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other reason. The options will become exercisable subject to the Reporting Person remaining continuously employed by CryoLife as follows: 50,000 shares will become exercisable on the first anniversary of the option grant date of May 4, 2006 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. 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 term of the Reporting Person's employment agreement 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 agreement. /s/ D. A. Lee 2008-08-11 -----END PRIVACY-ENHANCED MESSAGE-----