KYPHON INC 4

4 · KYPHON INC · Filed Aug 16, 2007

Insider Transaction Report

Form 4

Period: 2007-08-15

KYPHON INCKYPH

Paddock Bradley W

VP, US Sales

Transactions

Exercise/Conversion
Employee Stock Option (Right To Buy)
2007-08-15−41→ 205,061 total
Exercise: $24.18From: 2004-02-09Exp: 2014-01-09→ Common Stock (41 underlying)
Exercise/Conversion
Common Stock
2007-08-15$20.83/sh+438$9,124→ 9,245 total
Exercise/Conversion
Employee Stock Option (Right To Buy)
2007-08-15−31→ 204,592 total
Exercise: $23.57From: 2004-09-19Exp: 2014-08-19→ Common Stock (31 underlying)
Sale
Common Stock
2007-08-15$65.34/sh−31$2,026→ 8,807 total
Exercise/Conversion
Common Stock
2007-08-15$24.06/sh+4,490$108,029→ 13,297 total
Exercise/Conversion
Employee Stock Option (Right To Buy)
2007-08-15−4,490→ 200,102 total
Exercise: $24.06From: 2005-01-01Exp: 2014-12-01→ Common Stock (4,490 underlying)
Exercise/Conversion
Common Stock
2007-08-15$24.18/sh+41$991→ 8,848 total
Exercise/Conversion
Common Stock
2007-08-15$23.57/sh+31$731→ 8,838 total
Sale
Common Stock
2007-08-15$65.34/sh−438$28,620→ 8,807 total
Sale
Common Stock
2007-08-15$65.34/sh−4,490$293,391→ 8,807 total
Sale
Common Stock
2007-08-15$65.34/sh−41$2,679→ 8,807 total
Exercise/Conversion
Employee Stock Option (Right To Buy)
2007-08-15−438→ 204,623 total
Exercise: $20.83From: 2004-04-24Exp: 2014-03-24→ Common Stock (438 underlying)

Footnotes (7)

[F1]Sale made pursuant to a 10b5-1 trading plan.
[F2]Total includes 1,053 shares purchased in August 2006 and 754 shares purchased in February 2007 by Reporting Person under Issuer's Employee Stock Purchase Plan and 7,000 Restricted Stock Units awarded August 2007.
[F3]This option vests according to the following schedule: 1/48th per month beginning on the date exercisable.
[F4]Includes 53 shares exercisable at $24.18, granted on 1/9/04; 1,605 shares exercisable at $20.83 granted on 3/24/04; 167 shares exercisable at $23.57 per share, granted on 8/19/04, 123,236 shares exercisable at $24.06, granted on 12/1/04; 50,000 shares execisable at $37.65 per share, granted on 7/21/05 and 30,000 shares exercisable at $39.27 per share, granted on 9/15/06.
[F5]Includes 53 shares exercisable at $24.18, granted on 1/9/04; 1,167 shares exercisable at $20.83 granted on 3/24/04; 167 shares exercisable at $23.57 per share, granted on 8/19/04, 123,236 shares exercisable at $24.06, granted on 12/1/04; 50,000 shares execisable at $37.65 per share, granted on 7/21/05 and 30,000 shares exercisable at $39.27 per share, granted on 9/15/06.
[F6]Includes 53 shares exercisable at $24.18, granted on 1/9/04; 1,167 shares exercisable at $20.83 granted on 3/24/04; 136 shares exercisable at $23.57 per share, granted on 8/19/04, 123,236 shares exercisable at $24.06, granted on 12/1/04; 50,000 shares execisable at $37.65 per share, granted on 7/21/05 and 30,000 shares exercisable at $39.27 per share, granted on 9/15/06.
[F7]Includes 53 shares exercisable at $24.18, granted on 1/9/04; 1,167 shares exercisable at $20.83 granted on 3/24/04; 136 shares exercisable at $23.57 per share, granted on 8/19/04, 118,746 shares exercisable at $24.06, granted on 12/1/04; 50,000 shares execisable at $37.65 per share, granted on 7/21/05 and 30,000 shares exercisable at $39.27 per share, granted on 9/15/06.

Documents

1 file

4
rrd169733.xmlPrimary
SAME DAY SALES 08/15/2007