Home > Insider Trading > Filing (0001140361-12-049943)

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	2012-12-04	2,958	$19.39	104,549	No	4	P	Direct
Common Stock	Acquisiton	2012-12-04	1	$14.72	104,550	No	4	P	Direct
Common Stock	Acquisiton	2012-12-04	7,572	$24.33	112,122	No	4	P	Direct
Common Stock	Disposition	2012-12-04	10,531	$51.88	101,591	No	4	S	Direct
Common Stock	Disposition	2012-12-04	2,000	$0.00	99,591	No	4	G	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	S	Direct
No	4	G	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	2012-12-04	2,958	$19.39	2,958	$19.39
Common Stock	Option to purchase common stock	Acquisiton	2012-12-04	1	$14.72	1	$14.72
Common Stock	Option to purchase common stock	Acquisiton	2012-12-04	7,572	$24.33	7,572	$24.33

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
52,510	2018-06-16	No	4	M	Direct
52,509	2019-06-08	No	4	M	Direct
41,979	2020-06-15	No	4	M	Direct

Footnotes

Represents weighted average selling price. Securities were sold through approximately 21 separate sales on the transaction date at prices ranging from $51.82 to $52.9750. 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 commmon stock on June 16, 2008. The option is fully vested and expires June 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 commmon stock on June 8, 2009. The option is fully vested and expires June 8, 2019. 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 17,016 shares of commmon stock, 25% of the shares under such option to vest on each of the 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 applicable Stock Option Agreement.
Reporting Person gifted the reported shares to UBS Donor Advised Fund.