EDIDIN AVRAM A 4
4 · KYPHON INC · Filed Nov 19, 2003
Insider Transaction Report
Form 4
KYPHON INCKYPH
EDIDIN AVRAM A
Vice President, R&D
Transactions
- Exercise/Conversion
Common Stock
2003-11-17$3.00/sh+6,000$18,000→ 7,352 total - Sale
Common Stock
2003-11-17$25.04/sh−6,000$150,260→ 1,352 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2003-11-17−6,000→ 245,000 totalExercise: $3.00From: 2003-01-28Exp: 2012-02-28→ Common Stock (251,000 underlying)
Footnotes (4)
- [F1]Sale made pursuant to a 10b5-1 Trading Plan.
- [F2]This option vests according to the following schedule: 1/4 upon the date exercisable and 1/48 per month thereafter.
- [F3]Includes 240,000 shares exercisable at $3.00 per share, granted on 02/28/2002 and 5,000 shares exercisable at $15.40 per share, granted on 07/21/2003.
- [F4]Total includes 674 shares purchased in February 2003 and 678 shares purchased in August 2003 by Reporting Person under Issuer's Employee Stock Purchase Plan.