CYBERONICS INC 3
3 · CYBERONICS INC · Filed Oct 22, 2015
Insider Transaction Report
Form 3
CYBERONICS INCLIVN
Gutedel Jacques
President Intercontinental
Holdings
Option to purchase common stock
Exercise: $51.34From: 2015-10-19Exp: 2018-10-19→ Common Stock (8,072 underlying)- 2,992
Common Stock
Option to purchase common stock
Exercise: $69.39Exp: 2020-10-19→ Common Stock (52,473 underlying)- 2,992
Common Stock
- 14,948
Common Stock
Footnotes (3)
- [F1]Reporting Person was granted restricted stock units ("RSUs"), all of such RSUs shall vest and all forfeiture restrictions thereon to lapse on February 26, 2016.
- [F2]Reporting Person was granted restricted stock units ("RSUs"), all of such RSUs shall vest and all forfeiture restrictions thereon to lapse on February 27, 2017.
- [F3]Reporting Person was granted an award of stock appreciation rights ("SARs"). Subject to the terms and conditions of the SAR Agreement, the SARs shall vest in equal installments of 50% on each of the first two anniversaries of the grant date, October 19, 2015. Payment of such amount shall be in cash, shares (based on their Fair Market Value as of the date the SAR is exercised) or a combination of both, as determined by the Administrator.