CYBERONICS INC 4
4 · CYBERONICS INC · Filed Jan 18, 2008
Insider Transaction Report
Form 4
CYBERONICS INCCYBX
SCHWARZ JEFFREY E
Director
Transactions
- Sale
Common Stock
2008-01-16$13.09/sh−5,895$77,166→ 33,405 total(indirect: See Footnote)
Holdings
- 3,280(indirect: By Trust)
Common Stock
- 2,780(indirect: By Trust)
Common Stock
- 80(indirect: Held by W. Schwarz, Custodian for Benjamin Schwarz, UTWA)
Common Stock
- 2,500(indirect: By Trust)
Common Stock
- 30(indirect: Held by W. Schwarz, Custodian for Rebecca Schwarz, UTWA)
Common Stock
Footnotes (2)
- [F1]Represents a portion of 45,000 shares sold by Metropolitan Capital Advisors IV, L.P. At the time of sale Mr. Schwarz held directly or indirectly a 13.1% in the total shares sold.
- [F2]Common stock held by a trust established for certain of Mr. Schwarz?s family members and a charitable foundation established by Mr. Schwarz. Mr. Schwarz disclaims beneficial ownership of the shares held by the Trust and the charitable foundation.