SEC Form 4 · accession 0001214659-17-003643
Varex Imaging Corp · VREX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian W Giambattista
Officer — SVP and GM, X-ray Detectors
Period of report
May 25, 2017
Accepted (ET)
May 26, 2017 · 5:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001681622
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $34.13 | May 25, 2017 | A | 3,450 | A | — | May 25, 2024 | Common Stock | 3,450 | 3,450 | D |
| Restricted Stock UnitsF2 | $0.00 | May 25, 2017 | A | 37,359 | A | — | — | Common Stock | 37,359 | 37,359 | D |
Explanation of responses
- F1This Non-Qualified Stock Option is subject to a four year vesting schedule. 25% of the total number of shares vests on May 15, 2018 and the remaining 75% vests monthly thereafter.
- F2The Restricted Stock Units granted on May 25, 2017 vest 25% each year for four years beginning on May 15, 2018. Vested shares will be delivered to the reporting person upon vest date.