SIMPSON RANDAL L 4
4 · CYBERONICS INC · Filed Dec 10, 2012
Insider Transaction Report
Form 4
CYBERONICS INCCYBX
SIMPSON RANDAL L
VP Operations
Transactions
- Purchase
Common Stock
2012-12-06$19.75/sh+10,000$197,500→ 63,453 total - Exercise/Conversion
Option to purchase common stock
2012-12-06$19.75/sh+10,000$197,500→ 76,529 totalExercise: $19.75Exp: 2014-05-25→ Common Stock (10,000 underlying) - Sale
Common Stock
2012-12-06$51.65/sh−16,000$826,382→ 47,453 total
Footnotes (2)
- [F1]Represents weighted average selling price. Securities were sold through approximately 20 separate sales on the transaction date at prices ranging from $51.60 to $51.80. 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 10,000 shares of common stock on May 25, 2004. The option is fully vested and expires May 25, 2014. The option was subject to certain vesting and forfeiture requirements in accordance with the terms of the applicable Stock Option Agreement.