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, 2015

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

Significant option groups outstanding and exercisable at August 31, 2015 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

$1.01 to $2.00		465,930		5.73	$	1.72		465,930	$	1.72
$2.01 to $3.00		488,000		4.70		2.55		486,122		2.55
$3.00 to $4.00		22,500		6.86		3.08		1,872		3.08

		976,430		5.24	$	2.17		953,924	$	2.15

Summary of Non-Vested Options

A summary of the status of the Company’s non-vested options as of August 31, 2015, and changes during the nine months ended August 31, 2015, is presented below:


	Shares			Weighted Average Grant-Date Fair Value

Non-vested at November 30, 2014		27,083		$	1.64
Granted		22,500			1.90
Vested		(27,077	)		1.66
Forfeited		—			—

Non-vested at August 31, 2015		22,506		$	1.88

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, 2015:


	Three Months Ended			Nine Months Ended
	August 31, 2015			August 31, 2015
Weighted average values:
Expected dividends		0	%		0	%
Expected volatility		75.50	%		75.50	%
Risk free interest rate		1.57	%		1.57	%
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, 2015, was as follows:


	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at November 30, 2014		997,266		$	2.14		5.84	$	661,466

Granted		22,500			3.08				6,975
Exercised		(27,500	)		1.97				29,475
Expired/forfeited		(15,836	)		2.08				20,795

Outstanding at August 31, 2015		976,430		$	2.17		5.24	$	1,192,403

Exercisable at August 31, 2015		953,924		$	2.15		5.21	$	1,184,149