VANDERVELDE BERT 4
4 · KYPHON INC · Filed Nov 1, 2007
Insider Transaction Report
Form 4
KYPHON INCKYPH
VANDERVELDE BERT
President, International
Transactions
- Sale
Common Stock
2007-11-01$70.80/sh−10,000$708,003→ 10,000 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2007-11-01+10,000→ 166,000 totalExercise: $24.26From: 2004-07-14Exp: 2014-06-14→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2007-11-01$24.26/sh+10,000$242,600→ 20,000 total
Footnotes (3)
- [F1]This option vests according to the following schedule: 1/48th per month beginning on the date exercisable.
- [F2]Sale made pursuant to a 10b5-1 trading plan.
- [F3]Includes 36,000 options exercisable at $24.26 per share, granted 6/14/04; 100,000 options exercisable at $37.41 per share, granted 7/15/05 and 30,000 options exercisable at $39.27 per share, granted 9/15/06.