UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
HEACOX, ALBERT E., PH.D.
c/o CryoLife, Inc.
1655 Roberts Boulevard, N.W.
Kennesaw, GA 30144
2. Issuer Name and Ticker or Trading Symbol
CRYOLIFE, INC.
CRY
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
12/2001
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Sr. Vice President-Laboratory Operations
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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Common Stock |12-17-|M | |150 |A |$11.63 |45,000 |I |(1) |
|01 | | | | | | | | |
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Common Stock | | | | | | |72,346 |I |(2) |
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Common Stock | | | | | | |200 |I |(3) |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | |Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| (A) | (D) |ble | | | |Month |(I)| |
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Incentive Stock Option|$11.63 |12-17|M | | |150 |(4) |11-26|Common Stock|150 |N/A |14,850 |D | |
| |-01 | | | | | |-05 | | | | | | |
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Explanation of Responses:
(1) The 45,000 shares are owned by Dr. Heacox's spouse as Virginia Heacox FBO
Virginia Heacox, Trustee, or successor Trustees of the Virginia Heacox Living
Trust under an agreement dated 10-29-99.
(2) The 72,346 shares are owned by Albert E. Heacox, Trustee, Albert E. Heacox
Living Trust under an agreement dated 10-29-99.
(3) Includes 100 shares owned by Albert E. Heacox C/F Rachel K. Heacox UTMA/GA
and 100 shares owned by Albert E. Heacox C/F Daniel A. Heacox UTMA/GA. The
reporting person disclaims beneficial ownership of all securities held by his
daughter and son, and this report should 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 purpose.
(4) Exercisable in five equal annual installments beginning on May 26, 2001.
SIGNATURE OF REPORTING PERSON
/s/ Albert E. Heacox, Ph.D.
Albert E. Heacox, Ph.D.
DATE
January 9, 2002