SEC Form 4 · accession 0001127602-15-000938
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elisha W Finney
Officer — Exec VP and CFO
Period of report
Jan 2, 2015
Accepted (ET)
Jan 5, 2015 · 6:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000203527
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 2, 2015 | M | 15,000 | $52.83 | A | 19,671 | D | |
| Common StockF2 | Jan 2, 2015 | S | 1,701 | $86.5723 | D | 17,970 | D | |
| Common StockF3 | Jan 2, 2015 | S | 11,799 | $86.9878 | D | 6,171 | D | |
| Common StockF4 | Jan 2, 2015 | S | 1,500 | $88.1293 | D | 4,671 | D | |
| Common Stock | holding | — | — | — | 22,126 | I | By Trust |
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)F5 | $52.83 | Jan 2, 2015 | M | 15,000 | D | — | May 14, 2017 | Common Stock | 15,000 | 6,667 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 1,701 shares were sold in multiple transactions executed on the same day at prices ranging from $86.50 to $86.65. The detailed breakdown of executed sales will be furnished upon request.
- F3The 11,799 shares were sold in multiple transactions executed on the same day at prices ranging from $86.68 to $87.67. The detailed breakdown of executed sales will be furnished upon request.
- F4The 1,500 shares were sold in multiple transactions executed on the same day at prices ranging from $87.70 to $88.68. The detailed breakdown of executed sales will be furnished upon request.
- F5Stock option granted under the Varian Medical Systems, Inc. Second Amended and Restated 2005 Omnibus Stock Plan, which complies with Rule 16b-3. The option vests as follows: one third on 5/14/2011, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.