SEC Form 4 · accession 0001127602-15-019552
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy E Guertin
Director
Period of report
Jun 1, 2015
Accepted (ET)
Jun 2, 2015 · 8:36 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 | Jun 1, 2015 | M | 25,000 | $57.90 | A | 84,040 | D | |
| Common StockF2 | Jun 1, 2015 | S | 24,900 | $86.0749 | D | 59,140 | D | |
| Common Stock | Jun 1, 2015 | S | 100 | $86.62 | D | 59,040 | D | |
| Common Stock | holding | — | — | — | 51,332 | 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)F3 | $57.90 | Jun 1, 2015 | M | 25,000 | D | — | Nov 11, 2018 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 24,900 shares were sold in multiple transactions executed on the same day at prices ranging from $85.61 to $86.54. The detailed breakdown of executed sales will be furnished upon request.
- F3Stock 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 11/11/2012, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.