Filing Details

Accession Number:
0001140361-11-002509
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-01-12 13:50:48
Reporting Period:
2011-01-10
Filing Date:
2011-01-12
Accepted Time:
2011-01-12 13:50:48
SEC Url:
Form 4 Filing
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
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 Explanation
Common Stock Acquisiton 2011-01-10 4,330 $19.39 117,402 No 4 A Direct
Common Stock Acquisiton 2011-01-10 5,670 $14.72 123,072 No 4 A Direct
Common Stock Disposition 2011-01-10 4,330 $34.84 118,742 No 4 S Direct
Common Stock Disposition 2011-01-10 5,670 $34.84 113,072 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Options to purchase common stock Acquisiton 2011-01-10 4,330 $0.00 4,330 $19.39
Common Stock Option to purchase common stock Acquisiton 2011-01-10 5,670 $0.00 5,670 $14.72
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
14,297 2018-06-16 No 4 M Direct
8,627 2019-06-08 No 4 M Direct
Footnotes
  1. On June 16, 2008, Reporting Person was granted an option to purchase 25,914 shares of common stock at a price of $19.39 per share, vesting 25% annually over four years. The option to purchase such shares is subject to forfeiture prior to vesting in accordance with the terms of the Stock Option Agreement.
  2. On June 8, 2009, Reporting Person was granted an option to purchase 22,682 shares of common stock at a price of $14.72 per shares, vesting 25% annually over four years. The option to purchase such shares is subject to forfeiture prior to vesting in accordance with the terms of the Stock Option Agreement.
  3. Represents weighted average selling price. Securities were sold through approximately 48 separate sales on the transaction date at prices ranging from $34.71 to $35.05. 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.