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)

6 Months Ended

May 31, 2014

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

Significant option groups outstanding and exercisable at May 31, 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		2,500		1.20	$	0.68		2,500	$	0.68
$1.01 to $2.00		488,013		6.80	$	1.72		480,928	$	1.71
$2.01 to $3.00		525,503		5.66	$	2.52		488,842	$	2.52

		1,016,016		6.20	$	2.13		972,270	$	2.12

Summary of Non-Vested Options

A summary of the status of the Company’s non-vested shares as of May 31, 2014, and changes during the six months ended May 31, 2014, is presented below:


	Shares			Weighted Average Grant-Date Fair Value

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

Granted		—			—
Vested		(43,743	)		1.67
Forfeited		(21,663	)		1.84

Non-vested at May 31, 2014		43,746		$	1.86

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 and six months ended May 31, 2013 are as follows:


	Three Months Ended			Six Months Ended
	May 31, 2013			May 31, 2013
Weighted average values:
Expected dividends		0	%		0	%
Expected volatility		112.4	%		113.3	%
Risk free interest rate		.81	%		.81	%
Expected life		5 years			5 years

Stock Option Activity for Options

Stock option activity for options with only service-based vesting conditions for the six months ended May 31, 2014, was as follows:


	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value

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

Granted		—			—				—
Exercised		32,496			1.50				31,149
Expired/forfeited		(63,748	)		2.13				23,700


Outstanding at May 31, 2014		1,016,016		$	2.13		6.20	$	435,491

Exercisable at May 31, 2014		972,270		$	2.12		6.27	$	427,684

Performance and Market-Based Vesting Condition Options [Member]

Range of Expected Volatilities for Options

The range of expected volatilities for options issued during the six months ended May 31, 2013 are as follows:

May 31, 2013

111.6% - 114.9%

Stock Option Activity for Options

Stock option activity for options with performance-based and market-based vesting conditions for the six months ended May 31, 2014, was as follows:


	Shares			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 May 31, 2014		40,000		$	2.05		4.76	$	16,000

Exercisable at May 31, 2014		—			—		—		—