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4//SEC Filing

CYBERONICS INC 4

Accession 0001140361-13-025629

CIK 0000864683operating

Filed

Jun 17, 8:00 PM ET

Accepted

Jun 18, 5:28 PM ET

Size

8.8 KB

Accession

0001140361-13-025629

Insider Transaction Report

Form 4
Period: 2013-06-14
Olin Bryan D
VP Quality
Transactions
  • Award

    Option to purchase common stock

    2013-06-15$51.90/sh+6,888$357,48734,668 total
    Exercise: $51.90Exp: 2023-06-15Common Stock (6,888 underlying)
  • Award

    Common Stock

    2013-06-15+3,13165,331 total
  • Tax Payment

    Common Stock

    2013-06-141,68662,200 total
Footnotes (3)
  • [F1]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 June 15, 2013 vesting of 6,165 shares of restricted stock.
  • [F2]Reporting Person was granted restricted shares of common stock, all of such shares shall vest and all forfeiture restrictions thereon to lapse on June 15, 2016. The restricted shares are subject to forfeiture prior to vesting in accordance with the terms of the Restricted Stock Agreement.
  • [F3]Reporting person was granted an option to purchase shares of common stock, 25% of the shares under such option to vest on each of the next four anniversaries of June 15, 2013. The option to purchase such shares is subject to forfeiture prior to vesting in accordance with the terms of the Stock Option Agreement.

Documents

1 file

Issuer

CYBERONICS INC

CIK 0000864683

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000864683

Filing Metadata

Form type
4
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 5:28 PM ET
Size
8.8 KB