X0303 4 2008-06-26 0 0000864683 CYBERONICS INC CYBX 0001230513 STRAUSS MICHAEL J MD 100 CYBERONICS BLVD. HOUSTON TX 77058 1 0 0 0 Common Stock 2008-06-26 4 A 0 15500 7.9375 A 40182 D Common Stock 2008-06-26 4 S 0 3300 21.00 D 36882 D Common Stock 2008-06-26 4 S 0 1400 21.01 D 35482 D Common Stock 2008-06-26 4 S 0 200 21.02 D 35282 D Common Stock 2008-06-26 4 S 0 600 21.03 D 34682 D Common Stock 2008-06-26 4 S 0 1300 21.05 D 33382 D Common Stock 2008-06-26 4 S 0 500 21.06 D 32882 D Common Stock 2008-06-26 4 S 0 600 21.07 D 32282 D Common Stock 2008-06-26 4 S 0 890 21.09 D 31392 D Common Stock 2008-06-26 4 S 0 200 21.10 D 31192 D Common Stock 2008-06-26 4 S 0 1100 21.11 D 30092 D Common Stock 2008-06-26 4 S 0 100 21.12 D 29992 D Common Stock 2008-06-26 4 S 0 10 21.13 D 29982 D Common Stock 2008-06-26 4 S 0 200 21.14 D 29782 D Common Stock 2008-06-26 4 S 0 100 21.15 D 29682 D Common Stock 2008-06-26 4 S 0 100 21.16 D 29582 D Common Stock 2008-06-26 4 S 0 500 21.17 D 29082 D Common Stock 2008-06-26 4 S 0 400 21.21 D 28682 D Common Stock 2008-06-26 4 S 0 100 21.22 D 28582 D Common Stock 2008-06-26 4 S 0 800 21.23 D 27782 D Common Stock 2008-06-26 4 S 0 400 21.24 D 27382 D Common Stock 2008-06-26 4 S 0 500 21.26 D 26882 D Common Stock 2008-06-26 4 S 0 600 21.27 D 26282 D Common Stock 2008-06-26 4 S 0 300 21.29 D 25982 D Common Stock 2008-06-26 4 S 0 200 21.34 D 25782 D Common Stock 2008-06-26 4 S 0 100 21.35 D 25682 D Common Stock 2008-06-26 4 S 0 400 21.36 D 25282 D Common Stock 2008-06-26 4 S 0 200 21.37 D 25082 D Common Stock 2008-06-26 4 S 0 300 21.41 D 24782 D Common Stock 2008-06-26 4 S 0 100 21.42 D 24682 D Option to purchase common stock 7.9375 2008-06-26 4 M 0 15500 D 2009-04-28 Common Stock 15500 63500 D Reporting Person was granted an option to purchase 25,000 shares of common stock at a price of $7.9375 per share on April 28, 1999, vesting monthly over 60 months. The option is fully vested and expires on April 28, 2009. /s/ Michael J. Strauss, M.D. 2008-06-30