CYBERONICS INC 4
4 · CYBERONICS INC · Filed Apr 23, 2007
Insider Transaction Report
Form 4
CYBERONICS INCCYBX
APPEL STANLEY H MD
Director
Transactions
- Exercise/Conversion
Stock Option (Right ot Buy)
2007-04-20+1,266→ 5,000 totalExercise: $19.75Exp: 2007-04-26→ Common Stock (1,266 underlying) - Sale
Common Stock
2007-04-20$20.71/sh−1,266$26,219→ 0 total - Exercise/Conversion
Common Stock
2007-04-20$19.75/sh+1,266$25,004→ 1,266 total
Footnotes (1)
- [F1]On May 25, 2004, an option to purchase 8,000 shares of common stock was granted at an exercise price of $19.75 per share. The option vests over a 5-year period in equal monthly installments. The option expires on April 26, 2007.