APPEL STANLEY H MD 4
4 · CYBERONICS INC · Filed Dec 28, 2006
Insider Transaction Report
Form 4
CYBERONICS INCCYBX
APPEL STANLEY H MD
Director
Transactions
- Disposition to Issuer
Stock option to purchase common stock
2006-12-27$3.00/sh−15,000$45,000→ 88,000 totalExercise: $3.00From: 2001-12-12Exp: 2006-12-31→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock option to purchase common stock
2006-12-04$3.00/sh−15,000$45,000→ 88,000 totalExercise: $3.00From: 2001-12-12Exp: 2006-12-12→ Common Stock (15,000 underlying) - Award
Stock option to purchase common stock
2006-12-04$3.00/sh+15,000$45,000→ 103,000 totalExercise: $3.00From: 2001-12-12Exp: 2006-12-31→ Common Stock (15,000 underlying) - Award
Stock option to purchase common stock
2006-12-27$3.00/sh+15,000$45,000→ 103,000 totalExercise: $3.00From: 2001-12-12Exp: 2006-12-31→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Cyberonics has amended the option agreement dated 12/12/1996 to extend the expiration date from 12/12/2006 to 12/31/2006.
- [F2]Cyberonics has amended the option agreement dated 12/12/1996 to extend the expiration date from 12/31/2006 to thirty days after the exercise of such options would no longer violate applicable security laws.