Home/Filings/4/0001140361-14-010103
4//SEC Filing

CYBERONICS INC 4

Accession 0001140361-14-010103

CIK 0000864683operating

Filed

Feb 27, 7:00 PM ET

Accepted

Feb 28, 10:15 AM ET

Size

16.3 KB

Accession

0001140361-14-010103

Insider Transaction Report

Form 4
Period: 2014-02-26
Olin Bryan D
VP Quality
Transactions
  • Exercise/Conversion

    Common Stock

    2014-02-26$14.72/sh+4,250$62,56067,674 total
  • Exercise/Conversion

    Common Stock

    2014-02-26$24.33/sh+3,082$74,98570,756 total
  • Sale

    Common Stock

    2014-02-26$68.34/sh10,672$729,31563,424 total
  • Exercise/Conversion

    Common Stock

    2014-02-26+3,08227,336 total
    Exercise: $24.33Exp: 2020-06-15Common Stock (3,082 underlying)
  • Exercise/Conversion

    Common Stock

    2014-02-26$25.71/sh+3,340$85,87174,096 total
  • Exercise/Conversion

    Common Stock

    2014-02-26+4,25030,418 total
    Exercise: $14.72Exp: 2019-06-08Common Stock (4,250 underlying)
  • Exercise/Conversion

    Common Stock

    2014-02-26+3,34023,996 total
    Exercise: $25.71Exp: 2021-06-15Common Stock (3,340 underlying)
Footnotes (4)
  • [F1]Represents weighted average selling price. Securities were sold through approximately 75 separate sales on the transaction date at prices ranging from $67.70 to $69.03. 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 on June 8, 2009. The option is fully vested and expires June 8, 2019. The option was subject to certain vesting and forfeiture requirements in accordance with the terms of the applicable Stock Option Agreement.
  • [F3]Reporting Person was granted an option to purchase 12,330 shares of common stock on June 15, 2010, 25% of the shares under such option to vest on each of the next four anniversaries of June 15, 2010. The option to purchase such shares is subject to forfeiture prior to vesting in accordance with the terms of the Stock Option Agreement.
  • [F4]Reporting Person was granted an option to purchase 13,360 shares of common stock on June 15, 2011, 25% of the shares under such option to vest on each of the next four anniversaries of June 15, 2011. The option to purchase such shares is subject to forfeiture prior to vesting in accordance with the terms of the Stock Option Agreement.

Documents

1 file

Issuer

CYBERONICS INC

CIK 0000864683

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000864683

Filing Metadata

Form type
4
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 10:15 AM ET
Size
16.3 KB