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
USA
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
08/31/2002
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 | | | | | | |45,000 |I |(1) |
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| | | | | | |72,346 |I |(2) |
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| | | | | | |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 | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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Stock Option |$2.20 |8-31-|A | |24,850 |A |(4) |8-31-|Common Stock|24,850 |N/A |24,850 |D | |
| |02 | | | | | |07 | | | | | | |
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| | | | | | | | | | | | | | |
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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) Stock option vests twenty percent per year beginning on first anniversary
of grant date.
SIGNATURE OF REPORTING PERSON
/s/ Albert E. Heacox, Ph.D.
DATE
September 4, 2002