SEC Form 4 · accession 0001214659-18-001420
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
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 8:50 pm EST
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)F2 | $37.10 | Feb 15, 2018 | A | 15,113 | A | — | Feb 15, 2025 | Common Stock | 15,113 | 15,113 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 15, 2018 | A | 4,811 | A | — | — | Common Stock | 4,811 | 4,811 | D |
Explanation of responses
- F1Each Restricted Stock Unit converts into common stock on a one-for-one basis.
- F2This Non-Qualified Stock Option is subject to a four year vesting schedule. 25% of the total number of options vests on February 15, 2019 and the remaining options vests monthly thereafter on a pro rata basis.
- F3The Restricted Stock Units granted on February 15, 2018 vest 25% each year for four years beginning on February 15, 2019. Vested shares will be delivered to the reporting person upon vest date.