CYBERONICS INC 4
4 · CYBERONICS INC · Filed Jul 12, 2007
Insider Transaction Report
Form 4
CYBERONICS INCCYBX
LUNNEY SHAWN P
VP, Mkt Development
Transactions
- Sale
Common Stock
2007-07-10$17.05/sh−3,600$61,380→ 56,872 total - Sale
Common Stock
2007-07-10$17.06/sh−1,800$30,708→ 55,072 total - Sale
Common Stock
2007-07-10$17.07/sh−362$6,179→ 46,010 total - Exercise/Conversion
Stock Option (right to purchase)
2007-07-10$15.13/sh+21,729$328,651→ 86,500 totalExercise: $15.13Exp: 2007-10-13→ Common Stock (21,729 underlying) - Award
Common Stock
2007-07-10$15.13/sh+21,729$328,651→ 88,472 total - Sale
Common Stock
2007-07-10$17.09/sh−3,381$57,781→ 42,429 total - Sale
Common Stock
2007-07-10$17.03/sh−13,800$235,014→ 60,772 total - Sale
Common Stock
2007-07-10$17.08/sh−200$3,416→ 45,810 total - Sale
Common Stock
2007-07-10$17.01/sh−100$1,701→ 77,272 total - Sale
Common Stock
2007-07-10$17.14/sh−1,300$22,282→ 38,472 total - Sale
Common Stock
2007-07-10$17.02/sh−2,700$45,954→ 74,572 total - Sale
Common Stock
2007-07-10$17.07/sh−8,700$148,466→ 46,372 total - Sale
Common Stock
2007-07-10$17.00/sh−11,100$188,700→ 77,372 total - Award
Common Stock
2007-07-10$15.13/sh+28,271$427,599→ 66,743 total - Sale
Common Stock
2007-07-10$17.04/sh−300$5,112→ 60,472 total - Sale
Common Stock
2007-07-10$17.10/sh−2,657$45,435→ 39,772 total - Exercise/Conversion
Stock Option (right to purchase)
2007-07-10$15.13/sh+28,271$427,599→ 108,229 totalExercise: $15.13Exp: 2007-10-13→ Common Stock (28,271 underlying)
Footnotes (1)
- [F1]On October 13, 1997, an incentive stock option to purchase 50,000 shares of common stock was granted to Reporting Person at an exercise price of $15.1250 per share. The incentive stock option was subsequently split into an incentive stock option to purchase 28,271 shares of common stock at an exercise price of $15.1250 per share and a non-qualified stock option to purchase 21,729 shares of common stock at an exercise price of $15.1250 per share. Both the incentive stock options and the non-qualified stock options vests over a 5-year period in equal monthly installments. Both the incentive stock options and the non-qualified stock options are fully vested and expire on October 13, 2007.