X0202 4 2005-08-22 0 0001123313 KYPHON INC KYPH 0001323558 Paddock Bradley W C/O KYPHON INC. 1221 CROSSMAN AVENUE SUNNYVALE CA 94089 0 1 0 0 VP, US Sales Common Stock 2005-08-22 4 S 0 319 43. D 0 D Common Stock 2005-08-22 4 M 0 105 1. A 105 D Common Stock 2005-08-22 4 S 0 105 43. D 0 D Common Stock 2005-08-22 4 M 0 104 1. A 104 D Common Stock 2005-08-22 4 S 0 104 43. D 0 D Common Stock 2005-08-22 4 M 0 312 6.95 A 312 D Common Stock 2005-08-22 4 S 0 312 43. D 0 D Common Stock 2005-08-22 4 M 0 208 9.29 A 208 D Common Stock 2005-08-22 4 S 0 208 43. D 0 D Common Stock 2005-08-22 4 M 0 10 24.18 A 10 D Common Stock 2005-08-22 4 S 0 10 43. D 0 D Common Stock 2005-08-22 4 M 0 942 20.83 A 942 D Common Stock 2005-08-22 4 S 0 942 43. D 0 D Employee Stock Option (Right to Buy) 1.00 2005-08-22 4 M 0 105 0 D 2002-07-01 2011-07-31 Common Stock 105 212199 D Employee Stock Option (Right To Buy) 1.00 2005-08-22 4 M 0 104 0 D 2002-10-01 2011-10-31 Common Stock 104 212095 D Employee Stock Option (Right To Buy) 6.95 2005-08-22 4 M 0 312 0 D 2003-10-01 2012-11-12 Common Stock 312 211783 D Employee Stock Option (Right To Buy) 9.29 2005-08-22 4 M 0 208 0 D 2003-06-01 2013-05-01 Common Stock 208 211575 D Employee Stock Option (Right To Buy) 24.18 2005-08-22 4 M 0 10 0 D 2004-02-09 2014-01-09 Common Stock 10 211565 D Employee Stock Option (Right To Buy) 20.83 2005-08-22 4 M 0 942 0 D 2004-04-24 2014-03-24 Common Stock 942 210623 D Sale made pursuant to a 10b5-1 trading plan. This option vests according to the following schedule: 1/4th upon the date exercisable and 1/36th of the remainder per month thereafter. Includes 209 options exercisable at $1.00 per share, granted on 10/31/01; 2,500 options exercisable at $6.95 per share, granted on 11/12/02; 2,396 options exercisable at $9.29 per share, granted on 5/1/03; 323 options exercisable at $24.18 per share, granted on 1/9/04, 6,271 options exercisable at $20.83 per share, granted on 3/24/04; 500 options exercisable at $23.57 per share, granted on 8/19/04; 150,000 options exercisable at $24.06, granted on 12/1/04, and 50,000 options exercisable at $37.65 per share, granted on 7/21/05. Includes 105 options exercisable at $1.00 per share, granted on 10/31/01; 2,500 options exercisable at $6.95 per share, granted on 11/12/02; 2,396 options exercisable at $9.29 per share, granted on 5/1/03; 323 options exercisable at $24.18 per share, granted on 1/9/04, 6,271 options exercisable at $20.83 per share, granted on 3/24/04; 500 options exercisable at $23.57 per share, granted on 8/19/04; 150,000 options exercisable at $24.06, granted on 12/1/04, and 50,000 options exercisable at $37.65 per share, granted on 7/21/05. Includes 105 options exercisable at $1.00 per share, granted on 10/31/01; 2,188 options exercisable at $6.95 per share, granted on 11/12/02; 2,396 options exercisable at $9.29 per share, granted on 5/1/03; 323 options exercisable at $24.18 per share, granted on 1/9/04, 6,271 options exercisable at $20.83 per share, granted on 3/24/04; 500 options exercisable at $23.57 per share, granted on 8/19/04; 150,000 options exercisable at $24.06, granted on 12/1/04, and 50,000 options exercisable at $37.65 per share, granted on 7/21/05. Includes 105 options exercisable at $1.00 per share, granted on 10/31/01; 2,188 options exercisable at $6.95 per share, granted on 11/12/02; 2,188 options exercisable at $9.29 per share, granted on 5/1/03; 323 options exercisable at $24.18 per share, granted on 1/9/04, 6,271 options exercisable at $20.83 per share, granted on 3/24/04; 500 options exercisable at $23.57 per share, granted on 8/19/04; 150,000 options exercisable at $24.06, granted on 12/1/04, and 50,000 options exercisable at $37.65 per share, granted on 7/21/05. Includes 105 options exercisable at $1.00 per share, granted on 10/31/01; 2,188 options exercisable at $6.95 per share, granted on 11/12/02; 2,188 options exercisable at $9.29 per share, granted on 5/1/03; 313 options exercisable at $24.18 per share, granted on 1/9/04, 6,271 options exercisable at $20.83 per share, granted on 3/24/04; 500 options exercisable at $23.57 per share, granted on 8/19/04; 150,000 options exercisable at $24.06, granted on 12/1/04, and 50,000 options exercisable at $37.65 per share, granted on 7/21/05. This option vests according to the following schedule: 1/48th per month beginning upon the date exercisable. Includes 105 options exercisable at $1.00 per share, granted on 10/31/01; 2,188 options exercisable at $6.95 per share, granted on 11/12/02; 2,188 options exercisable at $9.29 per share, granted on 5/1/03; 313 options exercisable at $24.18 per share, granted on 1/9/04, 5,329 options exercisable at $20.83 per share, granted on 3/24/04; 500 options exercisable at $23.57 per share, granted on 8/19/04; 150,000 options exercisable at $24.06, granted on 12/1/04, and 50,000 options exercisable at $37.65 per share, granted on 7/21/05. Purchased in August 2005 by Reporting Person under Issuer's Employee Stock Purchase Plan. David M. Shaw, Attorney-in-Fact 2005-08-23