OLSEN ALAN J 4
4 · CYBERONICS INC · Filed Jun 20, 2007
Insider Transaction Report
Form 4
CYBERONICS INCCYBX
OLSEN ALAN J
Director
Transactions
- Award
Common Stock
2007-06-18+4,300→ 12,775 total
Footnotes (2)
- [F1]Reporting person was granted 4,300 restricted shares of common stock, vesting equally on each of the four anniversaries following the date of the grant, June 18, 2007. The restricted shares are subject to forfeiture prior to vesting in accordance with the terms of the Restricted Stock Agreement.
- [F2]Reporting person was granted 4,300 restricted shares of common stock, 1,075 of such shares to vest on July 18, 2007 and the remaining shares to vest equally on each of the three anniversaries of the date of the grant, June 18, 2007. The restricted shares are subject to forfeiture prior to vesting in accordance with the terms of the Restricted Stock Agreement.