CYBERONICS INC 4
4 · CYBERONICS INC · Filed Nov 4, 2013
Insider Transaction Report
Form 4
CYBERONICS INCCYBX
SIMPSON RANDAL L
VP Operations
Transactions
- Sale
Common Stock
2013-11-01$56.87/sh−5,000$284,329→ 48,285 total - Exercise/Conversion
Common Stock
2013-11-01$13.88/sh+5,000$69,400→ 53,285 total - Exercise/Conversion
Option to purchase common stock
2013-11-01$13.88/sh+5,000$69,400→ 72,887 totalExercise: $13.88Exp: 2014-08-18→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Shares sold pursuant to 10b5-1 Plan.
- [F2]Represents weighted average selling price. Securities were sold through approximately 37 separate sales on the transaction date at prices ranging from $56.55 to $57.60. 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.
- [F3]Reporting Person was granted an option to purchase 29,500 shares of common stock on August 18, 2004. The option is fully vested and expires August 18, 2014. The option was subject to certain vesting and forfeiture requirements in accordance with the terms of the applicable Stock Option Agreement.