SEC Form 4 · accession 0001127602-15-022505
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
Jul 6, 2015
Accepted (ET)
Jul 7, 2015 · 3:27 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 | Jul 6, 2015 | M | 9,000 | $50.66 | A | 47,767 | D | |
| Common Stock | Jul 6, 2015 | S | 100 | $85.30 | D | 47,667 | D | |
| Common StockF2 | Jul 6, 2015 | S | 8,900 | $85.8087 | D | 38,767 | 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)F3 | $50.66 | Jul 6, 2015 | M | 9,000 | D | — | Nov 21, 2016 | Common Stock | 9,000 | 98,000 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 8,900 shares were sold in multiple transactions executed on the same day at prices ranging from $85.41 to $86.38. The detailed breakdown of executed sales will be furnished upon request.
- F3Stock option granted under the Varian Medical Systems, Inc. Omnibus Stock Plan, which complies with Rule 16b-3. The option vests as follows: one third on 11/21/07, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.