X0306 4 2014-02-28 0 0000864683 CYBERONICS INC CYBX 0001248950 Jackson Guy C. 100 CYBERONICS BLVD HOUSTON TX 77058 1 0 0 0 Common Stock 2014-02-28 4 M 0 8000 19.75 A 42288 D Common Stock 2014-02-28 4 S 0 8000 69.0839 D 34288 D Option to purchase common stock 19.75 2014-02-28 4 M 0 8000 0.00 A 2014-05-25 Common Stock 8000 0 D Represents weighted average selling price. Securities were sold through approximately 32 separate sales on the transaction date at prices ranging from $69.00 to $69.3350. 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. Reporting Person was granted an option to purchase 8,000 shares of common stock on May 25, 2004. The option is fully vested and expires May 25, 2014. The option was subject to certain vesting and forfeiture requirements in accordance with the terms of the applicable Stock Option Agreement. /s/ Guy C. Jackson 2014-03-04