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)

9 Months Ended

Aug. 31, 2014

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

Significant option groups outstanding and exercisable at August 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	.95	0.68	2,500	$0.68
$1.01 to $2.00	474,263	6.67	1.72	471,764	$1.72
$2.01 to $3.00	511,334	5.54	2.52	498,006	$2.53

	988,097	6.07	$2.13	972,270	$2.13

Summary of Non-Vested Options

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


	Shares			Weighted Average Grant-Date Fair Value
Non-vested at November 30, 2013		109,152		$	1.79
Granted		—			—
Vested		(69,996	)		1.79
Forfeited		(23,329	)		1.82

Non-vested at August 31, 2014		15,827		$	1.72

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 nine months ended August 31, 2013:


	Three Months Ended	Nine Months Ended
	August 31, 2013	August 31, 2013
Weighted average values:
Expected dividends	0%	0%
Expected volatility	108.75%	110.46%
Risk free interest rate	1.35%	1.15%
Expected life	5.0 years	5.0 years

Stock Option Activity for Options

Stock option activity for options with only service-based vesting conditions for the nine months ended August 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		(46,246	)		1.53			$	48,237
Expired/forfeited		(77,917	)		2.15			$	62,492


Outstanding at August 31, 2014		988,097		$	2.13		6.07	$	807,333

Exercisable at August 31, 2014		972,270		$	2.13		6.09	$	794,730

Performance and Market-Based Vesting Condition Options [Member]

Range of Expected Volatilities for Options

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

Nine Months Ended

August 31, 2013

108.75% – 114.99%

Stock Option Activity for Options

Stock option activity for options with performance-based and market-based vesting conditions for the nine months ended August 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		(640,000	)		1.74

Outstanding at August 31, 2014		—			—		—		—

Exercisable at August 31, 2014		—			—		—		—