SEC Form 4 · accession 0001127602-15-010921
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Kuo
Officer — SVP, Gen Counsel and Secretary
Period of report
Mar 9, 2015
Accepted (ET)
Mar 10, 2015 · 7:46 pm EDT
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 | Mar 9, 2015 | M | 582 | $68.84 | A | 19,767 | D | |
| Common StockF2 | Mar 9, 2015 | S | 582 | $93.658 | D | 19,185 | D | |
| Common Stock | holding | — | — | — | 1,618 | I | By 401k Plan |
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)F3 | $68.84 | Mar 9, 2015 | M | 582 | D | — | Nov 9, 2019 | Common Stock | 582 | 4,654 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 582 shares were sold in multiple transactions executed on the same day at prices ranging from $93.14 to $93.89. The detailed breakdown of executed sales will be furnished upon request.
- F3Stock option granted under the Varian Medical Systems, Inc. Third Amended and Restated 2005 Omnibus Stock Plan, which complies with Rule 16b-3. The option vests as follows: one third on 11/09/2013, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.