X0202 4 2005-12-02 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 2005-12-02 4 M 0 2311 24.06 A 2311 D Common Stock 2005-12-02 4 S 0 2311 42.15 D 0 D Common Stock 2005-12-02 4 M 0 11 23.57 A 11 D Common Stock 2005-12-02 4 S 0 11 42.15 D 0 D Common Stock 2005-12-02 4 M 0 146 20.83 A 146 D Common Stock 2005-12-02 4 S 0 146 42.15 D 0 D Common Stock 2005-12-02 4 M 0 11 24.18 A 11 D Common Stock 2005-12-02 4 S 0 11 42.15 D 0 D Common Stock 2005-12-02 4 M 0 209 9.29 A 209 D Common Stock 2005-12-02 4 S 0 209 42.15 D 0 D Common Stock 2005-12-02 4 M 0 312 6.95 A 312 D Common Stock 2005-12-02 4 S 0 312 42.15 D 0 D Employee Stock Option (Right To Buy) 24.06 2005-12-02 4 M 0 2311 0 D 2005-01-01 2014-12-01 Common Stock 2311 201312 D Employee Stock Option (Right To Buy) 23.57 2005-12-02 4 M 0 11 0 D 2004-09-19 2014-08-19 Common Stock 11 201301 D Employee Stock Option (Right To Buy) 20.83 2005-12-02 4 M 0 146 0 D 2004-04-24 2014-03-24 Common Stock 146 201155 D Employee Stock Option (Right To Buy) 24.18 2005-12-02 4 M 0 11 0 D 2004-02-09 2014-01-09 Common Stock 11 201144 D Employee Stock Option (Right To Buy) 9.29 2005-12-02 4 M 0 209 0 D 2003-06-01 2013-05-01 Common Stock 209 200935 D Employee Stock Option (Right To Buy) 6.95 2005-12-02 4 M 0 312 0 D 2003-10-01 2012-11-12 Common Stock 312 200623 D Sale made pursuant to a 10b5-1 trading plan. This option vests according to the following schedule: 1/48th per month beginning on the date exercisable. Includes 50,000 options exercisable at $37.65 per share, granted 7/21/05; 142,590 options exercisable at $24.06 per share, granted on 12/1/04; 355 options exercisable at $23.57 per share, granted on 8/19/04; 4,230 options exercisable at $20.83 per share, granted on 3/24/04; 282 options exercisable at $24.18 per share, granted on 1/9/04; 1,980 options exercisable at $9.29 per share, granted on 5/1/03, and 1,875 options exercisable at $6.95 per share, granted on 11/12/02. Includes 50,000 options exercisable at $37.65 per share, granted 7/21/05; 142,590 options exercisable at $24.06 per share, granted on 12/1/04; 344 options exercisable at $23.57 per share, granted on 8/19/04; 4,230 options exercisable at $20.83 per share, granted on 3/24/04; 282 options exercisable at $24.18 per share, granted on 1/9/04; 1,980 options exercisable at $9.29 per share, granted on 5/1/03, and 1,875 options exercisable at $6.95 per share, granted on 11/12/02. Includes 50,000 options exercisable at $37.65 per share, granted 7/21/05; 142,590 options exercisable at $24.06 per share, granted on 12/1/04; 344 options exercisable at $23.57 per share, granted on 8/19/04; 4,084 options exercisable at $20.83 per share, granted on 3/24/04; 282 options exercisable at $24.18 per share, granted on 1/9/04; 1,980 options exercisable at $9.29 per share, granted on 5/1/03, and 1,875 options exercisable at $6.95 per share, granted on 11/12/02. Includes 50,000 options exercisable at $37.65 per share, granted 7/21/05; 142,590 options exercisable at $24.06 per share, granted on 12/1/04; 344 options exercisable at $23.57 per share, granted on 8/19/04; 4,084 options exercisable at $20.83 per share, granted on 3/24/04; 271 options exercisable at $24.18 per share, granted on 1/9/04; 1,980 options exercisable at $9.29 per share, granted on 5/1/03, and 1,875 options exercisable at $6.95 per share, granted on 11/12/02. Includes 50,000 options exercisable at $37.65 per share, granted 7/21/05; 142,590 options exercisable at $24.06 per share, granted on 12/1/04; 344 options exercisable at $23.57 per share, granted on 8/19/04; 4,084 options exercisable at $20.83 per share, granted on 3/24/04; 271 options exercisable at $24.18 per share, granted on 1/9/04; 1,771 options exercisable at $9.29 per share, granted on 5/1/03, and 1,875 options exercisable at $6.95 per share, granted on 11/12/02. This option vests according to the following schedule: 1/4th upon the date exercisable and 1/36th of the remainder per month thereafter. Includes 50,000 options exercisable at $37.65 per share, granted 7/21/05; 142,590 options exercisable at $24.06 per share, granted on 12/1/04; 344 options exercisable at $23.57 per share, granted on 8/19/04; 4,084 options exercisable at $20.83 per share, granted on 3/24/04; 271 options exercisable at $24.18 per share, granted on 1/9/04; 1,771 options exercisable at $9.29 per share, granted on 5/1/03, and 1,563 options exercisable at $6.95 per share, granted on 11/12/02. David M. Shaw, Attorney-in-Fact 2005-12-05