X0202 4 2008-02-22 0000784199 CRYOLIFE INC CRY 0001013549 HEACOX ALBERT E CRYOLIFE, INC. 1655 ROBERTS BOULEVARD, N.W. KENNESAW GA 30144 0 1 0 0 Sr. VP Research and Devl Common Stock 2008-02-22 5 W 0 900 A 38759 D Common Stock 2008-02-25 4 A 0 5328 9.73 A 44087 D Common Stock 5346 I By Trust Common Stock 45000 I By Trust Common Stock 0 I By Trusts Stock Option 9.73 2008-02-25 4 A 0 22500 0 A 2009-02-25 2015-02-25 Common Stock 22500 22500 D Represents common stock transferred on February 22, 2008 from the estate of reporting person's deceased parent. All Form 4s filed by reporting person subsequent to October 12, 2007 and prior to February 27, 2008, inadvertently omitted 900 shares held by the estate of reporting person's deceased parent, of which reporting person was the executor, and as to which shares reporting person had a pecuniary interest. Represents unrestricted common stock shares issued pursuant to the CryoLife, Inc. 2007 Executive Incentive Plan. The 5,346 shares are owned by Albert E. Heacox, Trustee, Albert E. Heacox Living Trust under an agreement dated 10-29-99. 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. Reporting person previously included 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. Because the reporting person's children are adults no longer living in the reporting person's household, these shares are no longer reportable. Options were approved by the Compensation Committee on February 19, 2008 to be issued and priced on February 25, 2008 following the Issuer's lifting of a blackout period after its February 21, 2008 earnings release. Stock option vests 33 1/3% per year beginning on first anniversary of grant date. /s/ Albert E. Heacox 2008-02-27