EDIDIN AVRAM A 4
4 · KYPHON INC · Filed Dec 17, 2004
Insider Transaction Report
Form 4
KYPHON INCKYPH
EDIDIN AVRAM A
Vice President, R&D
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
2004-12-16−6,000→ 211,000 totalExercise: $3.00From: 2003-01-28Exp: 2012-02-28→ Common Stock (6,000 underlying) - Exercise/Conversion
Common Stock
2004-12-16$3.00/sh+6,000$18,000→ 9,175 total - Sale
Common Stock
2004-12-16$24.73/sh−6,000$148,380→ 3,175 total
Footnotes (4)
- [F1]Sale made pursuant to a 10b5-1 trading plan.
- [F2]Includes 674 shares purchased in February 2003, 678 shares purchased in August 2003, 680 shares purchased in February 2004, and 1,143 shares purchased in August 2004 by Reporting Person under Issuer's Employee Stock Purchase Plan.
- [F3]This option vests according to the following schedule: 1/4 upon the date exerciseable and 1/36 of the remainder per month thereafter
- [F4]Includes 156,000 shares exerciseable at $3.00 per share, granted on 2/28/02; 5,000 shares exerciseable at $15.40 per share, granted on 7/21/03; and 50,000 shares exerciseable at $24.26 per share, granted on 6/14/04.