CYBERONICS INC 4
4 · CYBERONICS INC · Filed Jun 14, 2013
Insider Transaction Report
Form 4
CYBERONICS INCCYBX
Olin Bryan D
VP Quality
Transactions
- Exercise/Conversion
Common Stock
2013-06-12$14.72/sh+7,000$103,040→ 70,886 total - Sale
Common Stock
2013-06-12$52.30/sh−7,000$366,077→ 63,886 total - Exercise/Conversion
Option to purchase Common Stock
2013-06-12$14.72/sh+7,000$103,040→ 27,780 totalExercise: $14.72Exp: 2019-06-08→ Common Stock (7,000 underlying)
Footnotes (2)
- [F1]Represents weighted average selling price. Securities were sold through approximately 28 separate sales on the transaction date at prices ranging from $52.00 to $52.47. 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 45,000 shares of common stock, 25% of the shares under such option to vest on each of the next four anniversaries of June 8, 2009. The option to purchase such shares is subject to forfeiture prior to vesting in accordance with the terms of the Stock Option Agreement.