Filing Details

Accession Number:
0001140361-14-010103
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-28 10:15:42
Reporting Period:
2014-02-26
Filing Date:
2014-02-28
Accepted Time:
2014-02-28 10:15:42
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
1464578 D Bryan Olin 100 Cyberonics Blvd
Houston TX 77058
Vp Clinical Quality Regulatory 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 2014-02-26 4,250 $14.72 67,674 No 4 M Direct
Common Stock Acquisiton 2014-02-26 3,082 $24.33 70,756 No 4 M Direct
Common Stock Acquisiton 2014-02-26 3,340 $25.71 74,096 No 4 M Direct
Common Stock Disposition 2014-02-26 10,672 $68.34 63,424 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M 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
Common Stock Common Stock Acquisiton 2014-02-26 4,250 $0.00 4,250 $14.72
Common Stock Common Stock Acquisiton 2014-02-26 3,082 $0.00 3,082 $24.33
Common Stock Common Stock Acquisiton 2014-02-26 3,340 $0.00 3,340 $25.71
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
30,418 2019-06-08 No 4 M Direct
27,336 2020-06-15 No 4 M Direct
23,996 2021-06-15 No 4 M Direct
Footnotes
  1. Represents weighted average selling price. Securities were sold through approximately 75 separate sales on the transaction date at prices ranging from $67.70 to $69.03. 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.
  2. Reporting Person was granted an option to purchase 45,000 shares of common 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.
  3. Reporting Person was granted an option to purchase 12,330 shares of common stock on June 15, 2010, 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.
  4. Reporting Person was granted an option to purchase 13,360 shares of common stock on June 15, 2011, 25% of the shares under such option to vest on each of the next four anniversaries of June 15, 2011. The option to purchase such shares is subject to forfeiture prior to vesting in accordance with the terms of the Stock Option Agreement.