CYBERONICS INC 4
4 · CYBERONICS INC · Filed Feb 28, 2014
Insider Transaction Report
Form 4
CYBERONICS INCCYBX
Olin Bryan D
VP Quality
Transactions
- Exercise/Conversion
Common Stock
2014-02-26$14.72/sh+4,250$62,560→ 67,674 total - Exercise/Conversion
Common Stock
2014-02-26$24.33/sh+3,082$74,985→ 70,756 total - Sale
Common Stock
2014-02-26$68.34/sh−10,672$729,315→ 63,424 total - Exercise/Conversion
Common Stock
2014-02-26+3,082→ 27,336 totalExercise: $24.33Exp: 2020-06-15→ Common Stock (3,082 underlying) - Exercise/Conversion
Common Stock
2014-02-26$25.71/sh+3,340$85,871→ 74,096 total - Exercise/Conversion
Common Stock
2014-02-26+4,250→ 30,418 totalExercise: $14.72Exp: 2019-06-08→ Common Stock (4,250 underlying) - Exercise/Conversion
Common Stock
2014-02-26+3,340→ 23,996 totalExercise: $25.71Exp: 2021-06-15→ Common 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.