SEC Form 4 · accession 0000784199-15-000077
ARTIVION, INC. · AORT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Ashley Lee
Officer — Executive VP, COO & CFO
Period of report
Feb 26, 2015
Accepted (ET)
Feb 27, 2015 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000784199
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 26, 2015 | A | 8,334 | $0.00 | A | 242,847 | D | |
| Common StockF2 | Feb 26, 2015 | F | 1,389 | $10.72 | D | 241,458 | D | |
| Common Stock | holding | — | — | — | 5,000 | I | By Spouse | |
| Common Stock | holding | — | — | — | 1,500 | I | By Children |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents performance stock units granted on February 26, 2014 and earned at approximately 50% of target based on 2014 adjusted EBITDA. Fifty percent (50%) or 4,167 shares vested and were issued on February 26, 2015. The remaining 4,167 shares earned in connection with the February 2014 grant will vest and be issued as follows: 50% on 02/26/2016, and 50% on 02/26/2017, assuming continued employment on the relevant vesting date.
- F2These shares were withheld upon the vesting of performance stock units to pay tax withholding obligations.