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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
864683	Cyberonics Inc	CYBX	Electromedical & Electrotherapeutic Apparatus (3845)	760236465

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1218000	H Gregory Browne	100 Cyberonics Blvd Houston TX 77058	Sr Vp Finance & Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2012-06-26	6,478	$19.39	120,569	No	4	A	Direct
Common Stock	Acquisiton	2012-06-26	5,670	$14.72	126,239	No	4	A	Direct
Common Stock	Disposition	2012-06-26	12,148	$45.44	114,091	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	A	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Option to purchase common stock	Acquisiton	2012-06-26	6,478	$19.39	6,478	$19.39
Common Stock	Option to purchase common stock	Acquisiton	2012-06-26	5,670	$14.72	5,670	$14.72

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
68,180		2018-06-16	No	4	M	Direct
62,510		2019-06-09	No	4	M	Direct

Footnotes

Represents weighted average selling price. Securities were sold through approximately 73 separate sales on the transaction date at prices ranging from $45.20 to $45.64. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or any stockholder of the issuer the full information regarding the number of shares and prices at which the transaction was effected.
Reporting person was granted an option to purchase 25,914 shares of common stock June 16, 2008. The option is fully vested and expires JUune 16, 2018. The option was subject to certain vesting and forfeiture requirements in accordance with the terms of the applicable Stock Option Agreement.
Reporting person was granted an option to purchase 22,682 shares of common stock, 25% of the shares under such option to vest on each of the next four anniversaries of June 8, 2009. The option to purchase such shares is subject to forfeiture prior to vesting in accordance with the terms of the Stock Option Agreement.