Cryo-Cell International, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stockholder's Equity (Tables)

Stockholder's Equity (Tables)

3 Months Ended

Feb. 28, 2014

Significant Option Groups Outstanding and Exercisable Option and its Price and Contractual Life

Significant option groups exercisable at February 28, 2014 and related price and contractual life information are as follows:


	Outstanding						Exercisable
Range of Exercise Prices	Outstanding		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price		Outstanding		Weighted Average Exercise Price

$0.42 to $1.00		7,500		.94	$	0.78		7,500	$	0.78
$1.01 to $2.00		521,759		6.76	$	1.71		509,049	$	1.70
$2.01 to $3.00		546,334		5.98	$	2.51		470,512	$	2.53

		1,075,593		6.32	$	2.11		987,061	$	2.09

Summary of Non-Vested Options

A summary of the status of the Company’s non-vested shares as of February 28, 2014, and changes during the three months ended February 28, 2014, is presented below:


	Options			Weighted Average Grant-Date Fair Value

Non-vested at November 30, 2013		109,152		$	1.79

Granted		—			—
Vested		(18,954	)		1.67
Forfeited		(1,666	)		1.76

Non-vested at February 28, 2014		88,532		$	1.82

Service-Based Vesting Condition Options [Member]

Fair Value of Options Granted

Variables used to determine the fair value of the options granted for the three months ended February 28, 2013 are as follows:


	February 28, 2013
Weighted average values:
Expected dividends		0	%
Expected volatility		113.8	%
Risk free interest rate		.80	%
Expected life		5.0 years

Stock Option Activity for Options

Stock option activity for the three months ended February 28, 2014, was as follows:


	Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value

Outstanding at November 30, 2013		1,112,260		$	2.11		6.40	$	88,614

Granted		—			—				—
Exercised		—			—				—
Expired/forfeited		(36,667	)		2.18				9,475


Outstanding at February 28, 2014		1,075,593		$	2.11		6.32	$	343,927

Exercisable at February 28, 2014		987,061		$	2.09		6.43	$	333,776

Performance and Market-Based Vesting Condition Options [Member]

Range of Expected Volatilities for Options

The range of expected volatilities for options issued during the three months ended February 28, 2013 are as follows:

February 28, 2013

112.9% - 114.9%

Stock Option Activity for Options

Stock option activity for options with performance-based and market-based conditions for the three months ended February 28, 2014, was as follows:


	Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value

Outstanding at November 30, 2013		640,000		$	1.74		7.83	$	70,000

Granted		—			—
Exercised		—			—
Expired/forfeited		(600,000	)		1.72


Outstanding at February 28, 2014		40,000		$	2.05		5.01	$	9,200

Exercisable at February 28, 2014		—			—		—		—