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

Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

12 Months Ended

Nov. 30, 2016

Stock Option Activity for Options with Service-Based Vesting Conditions

Stock option activity for options with only service-based vesting conditions for the year ended November 30, 2016, was as follows:


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

Granted		204,729			3.19			217,249
Exercised		(23,399	)		1.72			51,384
Expired/forfeited		(8,250	)		2.18			17,040

Outstanding at November 30, 2016		1,142,010		$	2.36	4.99	$	2,157,112

Exercisable at November 30, 2016		1,044,604		$	2.28	4.66	$	2,055,492

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

Significant option groups outstanding and exercisable at November 30, 2016 and related price and contractual life information are as follows:


	Outstanding					Exercisable
			Weighted
			Average
Range of Exercise Prices	Outstanding		Remaining Contractual Life (Years)	Weighted Average Exercise Price		Outstanding		Weighted Average Exercise Price
$1.01 to $2.00		441,781	4.74	$	1.72		441,781	$	1.72
$2.01 to $3.00		473,000	3.51	$	2.57		473,000	$	2.57
$3.01 to $4.00		227,229	8.57	$	3.18		129,823	$	3.16

		1,142,010	4.99	$	2.36		1,044,604	$	2.28

Summary of Non-Vested Options

A summary of the status of the Company’s non-vested options as of November 30, 2016, and changes during the fiscal year then ended, is presented below:


				Weighted Average
				Grant-Date
	Options			Fair Value
Non-vested at November 30, 2015		15,003		$	1.90

Granted		204,729			1.86
Vested		(122,326	)		1.88
Forfeited		—			—

Non-vested at November 30, 2016		97,406		$	1.84

Service-Based Vesting Condition Options [Member]

Fair Value of Options Granted

Variables used to determine the fair value of the options granted for the years ended November 30, 2016 and November 30, 2015 are as follows:


	2016		2015
Weighted average values:
Expected dividends		0%		0%
Expected volatility		66.39%		75.50%
Risk free interest rate		1.22%		1.57%
Expected life		5.6 years		5.0 years