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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
1400857	Jeffrey Daniel Moore	100 Cyberonics Blvd Houston TX 77058	President & Ceo	Yes	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	Disposition	2014-03-15	6,620	$0.00	164,163	No	4	F	Direct
Common Stock	Acquisiton	2014-03-17	4,000	$24.33	168,163	No	4	M	Direct
Common Stock	Disposition	2014-03-17	7,000	$66.62	161,163	No	4	S	Direct

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

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Phantom Stock Unit	Phantom Stock Unit	Acquisiton	2014-03-15	5,888	$0.00	5,888	$65.77
Common Stock	Common Stock	Acquisiton	2014-03-17	4,000	$0.00	4,000	$24.33

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
189,787		2021-09-15	No	4	M	Direct
185,787		2020-06-15	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	19,683	Indirect	Moore Family 2012 Gift Trust
Common Stock	11,586	Indirect	DJM Family Partnership Ltd.
Common Stock	31,640	Indirect	Moore Family 2011 Gift Trust
Common Stock	14,560	Indirect	Grace M. Moore

Footnotes

The referenced shares were withheld from distribution at the request of Reporting Person. Such shares were forfeited and the associated value was used to offset the tax liability associated with the March 15, 2014 vesting of 19,112 shares of restricted stock.
Sold shares pursuant to 10b5-1 Plan.
Represents weighted average selling price. Securities were sold through approximately 37 separate sales on the transaction date at prices ranging from $66.165 to $67.18. 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 award of 23,551 Phantom Stock Units that vest as set forth in the Phantom Stock Agreement dated September 15, 2011. Subject to the Phantom Stock Agreement, the Phantom Stock Units may be settled in cash or shares of Cyberonics, Inc. common stock as determined by the Plan Administrator.
Reporting person was granted an option to purchase 47,102 shares of common stock, 25% of the shares under such option to vest on each of the next four anniversaries of June 15, 2010. The option to purchase such shares is subject to forfeiture prior to vesting in accordance with the terms of the Stock Option Agreement.