SEC Form 4 · accession 0001127602-15-032579
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
Nov 23, 2015
Accepted (ET)
Nov 25, 2015 · 2:58 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 StockF2 | Nov 23, 2015 | S | 1,021 | $81.0963 | D | 5,011 | D | |
| Common StockF3 | Nov 23, 2015 | M | 2,744 | — | A | 7,755 | D | |
| Common StockF4 | Nov 23, 2015 | F | 1,431 | $80.81 | D | 6,324 | D | |
| Common StockF5 | Nov 24, 2015 | S | 1,313 | $80.7513 | D | 5,011 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F6 | — | Nov 23, 2015 | M | 2,744 | D | — | — | Common Stock | 2,744 | 9,645 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 1,021 shares were sold in multiple transactions executed on the same day at prices ranging from $80.62 to $81.48. The detailed breakdown of executed sales will be furnished upon request.
- F3Each restricted stock unit represents a contingent right to receive one share of VAR common stock.
- F4Represents shares withheld from vested restricted stock units for the payment of federal, state and payroll taxes due on vesting.
- F5The 1,313 shares were sold in multiple transactions executed on the same day at prices ranging from $80.30 to $81.06. The detailed breakdown of executed sales will be furnished upon request.
- F6The restricted stock units vest in three equal installments on November 21, 2013, November 21, 2014, and November 21, 2015. Vested shares will be delivered to the reporting person on vest date.