SEC Form 4 · accession 0001140361-15-024669
CYBERONICS INC · LIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
David S Wise
Officer — SR VP & Chief Admin Officer
Period of report
Jun 15, 2015
Accepted (ET)
Jun 17, 2015 · 6:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000864683
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 15, 2015 | F | 1,350 | $61.76 | D | 47,657 | D | |
| Common StockF2 | Jun 15, 2015 | F | 317 | $61.76 | D | 47,340 | D | |
| Common StockF3 | Jun 15, 2015 | F | 444 | $61.76 | D | 46,896 | D | |
| Common StockF4 | Jun 15, 2015 | F | 666 | $61.76 | D | 46,230 | D | |
| Common StockF5 | Jun 15, 2015 | F | 94 | $61.76 | D | 46,136 | D | |
| Common StockF6 | Jun 15, 2015 | D | 3,250 | $0.00 | D | 42,886 | D | |
| Common StockF7 | Jun 15, 2015 | D | 1,625 | $0.00 | D | 41,261 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 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 vesting of 4,938 shares of restricted stock.
- F2The 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 vesting of 1,162 shares of restricted stock.
- F3The 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 vesting of 1,625 shares of performance based restricted stock.
- F4The 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 vesting of 2,438 shares of performance based restricted stock.
- F5The 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 vesting of 347 shares of performance based restricted stock.
- F6Reporting Person did not meet specific performance goals in accordance with the terms of the Performance-Based Restricted Stock Agreement dated June 15, 2011. Therefore, subject restricted shares are forfeited prior to vesting in accordance with the terms of the Performance-Based Restricted Stock Agreement.
- F7Reporting Person did not meet specific performance goals in accordance with the terms of the Performance-Based Restricted Stock Agreement dated June 15, 2011. Therefore, subject restricted shares are forfeited prior to vesting in accordance with the terms of the Performance-Based Restricted Stock Agreement.