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, 2016

Stock Option Activity for Options with Service-Based Vesting Conditions

Stock option activity for options with only service-based vesting conditions for the six months ended May 31, 2016, was as follows:


				Weighted		Weighted Average
				Average		Remaining		Aggregate
	Options			Exercise Price		Contractual Life (Years)		Intrinsic Value
Outstanding at November 30, 2015		968,930		$	2.17		5.01	$	1,095,525

Granted		169,729			3.15				—
Exercised		—			—				—
Expired/forfeited		(2,500	)		2.10				2,250

Outstanding at May 31, 2016		1,136,159		$	2.32		5.32	$	804,396

Exercisable at May 31, 2016		1,019,264		$	2.22		4.81	$	804,396

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

Significant option groups outstanding and exercisable at May 31, 2016 and related price and contractual life information are as follows:


	Outstanding						Exercisable
			Weighted Average
			Remaining		Weighted				Weighted
Range of Exercise Prices	Outstanding		Contractual Life (Years)		Average Exercise Price		Outstanding		Average Exercise Price
$1.01 to $2.00		465,930		4.98	$	1.72		465,930	$	1.72
$2.01 to $3.00		478,000		3.99	$	2.56		478,000	$	2.56
$3.01 to $4.00		192,229		9.44	$	3.15		75,334	$	3.14

		1,136,159		5.32	$	2.32		1,019,264	$	2.22

Summary of Non-Vested Options

A summary of the status of the Company’s non-vested options as of May 31, 2016, and changes during the six months ended May 31, 2016, is presented below:


				Weighted Average
				Grant-Date
	Options			Fair Value
Non-vested at November 30, 2015		15,003		$	1.90
Granted		169,729			1.91
Vested		(67,837	)		2.16
Forfeited		—			—
Non-vested at May 31, 2016		116,895		$	1.76

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, 2016 are as follows:


	Three Months Ended			Six Months Ended
	May 31, 2016			May 31, 2016
Weighted average values:
Expected dividends		0	%		0	%
Expected volatility		84.7	%		84.7	%
Risk free interest rate		1.24	%		1.24	%
Expected life		6 years			6 years