SEC Form 4 · accession 0001127602-15-004205
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dow R Wilson
Officer — President and CEO · Director
Period of report
Feb 2, 2015
Accepted (ET)
Feb 3, 2015 · 8:41 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 | Feb 2, 2015 | M | 60,000 | $49.88 | A | 115,606 | D | |
| Common StockF2 | Feb 2, 2015 | S | 55,600 | $91.7304 | D | 60,006 | D | |
| Common StockF3 | Feb 2, 2015 | S | 4,200 | $92.3589 | D | 55,806 | D | |
| Common Stock | Feb 2, 2015 | S | 200 | $93.09 | D | 55,606 | D |
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)F4 | $49.88 | Feb 2, 2015 | M | 60,000 | D | — | Nov 17, 2015 | Common Stock | 60,000 | 37,519 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 55,600 shares were sold in multiple transactions executed on the same day at prices ranging from $91.09 to $92.085. The detailed breakdown of executed sales will be furnished upon request.
- F3The 4,200 shares were sold in multiple transactions executed on the same day at prices ranging from $92.09 to $93.07. The detailed breakdown of executed sales will be furnished upon request.
- F4Stock option granted under the Varian Medical Systems, Inc. 2005 Omnibus Stock Plan, which complies with Rule 16b-3. The option vests as follows: one third on 11/17/06, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.