CYBERONICS INC 4
4 · CYBERONICS INC · Filed Jun 17, 2015
Insider Transaction Report
Form 4
CYBERONICS INCCYBX
Alch Darren
VP & Asst Secretary
Transactions
- Disposition to Issuer
Common Stock
2015-06-15−834→ 12,506 total - Tax Payment
Common Stock
2015-06-15$61.76/sh−170$10,499→ 13,364 total - Tax Payment
Common Stock
2015-06-15$61.76/sh−24$1,482→ 13,340 total - Disposition to Issuer
Common Stock
2015-06-15−417→ 12,089 total - Tax Payment
Common Stock
2015-06-15$61.76/sh−238$14,699→ 13,648 total - Tax Payment
Common Stock
2015-06-15$61.76/sh−691$42,676→ 13,886 total - Tax Payment
Common Stock
2015-06-15$61.76/sh−114$7,041→ 13,534 total
Footnotes (7)
- [F1]The referenced shares were withheld from distribution at the request of Reporting Person. Such shares were forfeited and the associated value was used to offset the tax liability associated with the vesting of 2,528 shares of restricted stock.
- [F2]The referenced shares were withheld from distribution at the request of Reporting Person. Such shares were forfeited and the associated value was used to offset the tax liability associated with the vesting of 871 shares of restricted stock.
- [F3]The referenced shares were withheld from distribution at the request of Reporting Person. Such shares were forfeited and the associated value was used to offset the tax liability associated with the vesting of 417 shares of performance-based restricted stock.
- [F4]The referenced shares were withheld from distribution at the request of Reporting Person. Such shares were forfeited and the associated value was used to offset the tax liability associated with the vesting of 625 shares of performance-based restricted stock.
- [F5]The referenced shares were withheld from distribution at the request of Reporting Person. Such shares were forfeited and the associated value was used to offset the tax liability associated with the vesting of 89 shares of performance-based restricted stock.
- [F6]Reporting Person did not meet specific performance goals in accordance with the terms of the Performance-Based Restricted Stock Agreement dated June 15, 2011. Therefore, subject restricted shares are forfeited prior to vesting in accordance with the terms of the Performance-Based Restricted Stock Agreement.
- [F7]Reporting Person did not meet specific performance goals in accordance with the terms of the Performance-Based Restricted Stock Agreement dated June 15, 2011. Therefore, subject restricted shares are forfeited prior to vesting in accordance with the terms of the Performance-Based Restricted Stock Agreement.