Reinstein James A. 4

4 · CYBERONICS INC · Filed Jun 25, 2012

Form 4

Period: 2012-06-21

VP Sales & Mktg, Genl Mgr Intl

Transactions

Exercise/Conversion
Option to purchase common stock
2012-06-21$24.33/sh+4,110$99,996→ 0 total
Exercise: $24.33Exp: 2020-06-15→ Common Stock (4,110 underlying)
Award
Common Stock
2012-06-21$19.39/sh+23,595$457,507→ 27,572 total
Sale
Common Stock
2012-06-22$44.16/sh−265$11,702→ 18,761 total
Award
Common Stock
2012-06-21$14.72/sh+12,744$187,592→ 40,316 total
Sale
Common Stock
2012-06-21$43.79/sh−25,400$1,112,296→ 19,026 total
Exercise/Conversion
Option to purchase common stock
2012-06-21$19.39/sh+23,595$457,507→ 16,854 total
Exercise: $19.39Exp: 2008-06-16→ Common Stock (23,595 underlying)
Award
Common Stock
2012-06-21$24.33/sh+4,110$99,996→ 44,426 total
Exercise/Conversion
Option to purchase common stock
2012-06-21$14.72/sh+12,744$187,592→ 4,110 total
Exercise: $14.72Exp: 2019-06-08→ Common Stock (12,744 underlying)

Footnotes (4)

[F1]Represents weighted average selling price. Securities were sold through approximately 72 separate sales on the transaction date at prices ranging from $43.28 to $44.60. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or any stockholder of the issuer the full information regarding the number of shares and prices at which the transaction was effected
[F2]Reporting Person was granted an option to purchase 23,595 shares of common stock on June 16, 2008. The option is fully vested and exercisable.
[F3]Reporting person was granted an option to purchase 25,488 shares of common stock on June 8, 2009 of which 12,744 shares are fully vested and the remaining 12,744 shares were cancelled due to resignation of reporting person.
[F4]Reporting person was granted an option to purchase 16,440 shares of common stock on June 15, 2010 of which 4,110 shares are fully vested and the remaining 12,330 shares were cancelled due to resignation of reporting person.

Documents

1 file