SEC Form 4 · accession 0000784199-16-000209

ARTIVION, INC. · AORT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive VP, COO & CFO

Period of report

Feb 19, 2016

Accepted (ET)

Feb 23, 2016 · 5:43 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 Stock^F1	Feb 19, 2016	A	13,072	$10.24	A	256,356	D
Common Stock^F2	Feb 19, 2016	A	15,946	$0.00	A	272,302	D
Common Stock^F3	Feb 19, 2016	F	2,658	$10.24	D	269,644	D
Common Stock^F4	Feb 22, 2016	A	3,662	$10.48	A	273,306	D
Common Stock	holding	—	—		—	5,000	I	By Spouse
Common Stock	holding	—	—		—	1,500	I	By Children

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)^F5	$10.24	Feb 19, 2016	A	36,822	A	Feb 19, 2017	Feb 19, 2022	Common Stock	36,822	36,822	D

F1Represents share of restricted stock that vest on the third anniversary of the grant date if the reporting person remains in the continuous employ of the Company.
F2Represents performance stock units granted on February 19, 2015 and earned at approximately 129.3% of target based on 2015 adjusted EBITDA. Fifty percent (50%) or 7,973 shares vested and were issued on February 19, 2016. The remaining 7,973 shares earned in connection with the February 2015 grant will vest and be issued as follows: 50% on 02/19/2017, and 50% on 02/19/2018, assuming continued employment on the relevant vesting date.
F3These shares were withheld upon the vesting of performance stock units to pay tax withholding obligations.
F4Represents shares of restricted stock that vest on the third anniversary of the grant date if the reporting person remains in the continuous employ of the Company.
F5Stock option vests 33 1/3% per year beginning on the first anniversary of the grant date.