SEC Form 4 · accession 0001127602-16-041749
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Erich R Reinhardt
Director
Period of report
Feb 12, 2016
Accepted (ET)
Feb 17, 2016 · 3:11 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 16, 2016 | M | 1,428 | $0.00 | A | 1,428 | D | |
| Common StockF1 | Feb 16, 2016 | F | 228 | $78.03 | D | 1,200 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF2,F3 | — | Feb 12, 2016 | A | 2,109 | A | — | — | Common Stock | 2,109 | 7,176 | D |
| Deferred Stock UnitsF2,F4 | — | Feb 16, 2016 | M | 1,428 | D | — | — | Common Stock | 1,428 | 5,748 | D |
Explanation of responses
- F1Represents shares withheld from settlement of deferred stock units for the payment of federal taxes due on settlement.
- F2Each Deferred Stock Unit represents the right to receive one share of VAR common stock.
- F3The Deferred Stock Units vest in four equal quarterly installments over a 12 month period beginning February 12, 2016. Vested shares will be delivered to the reporting person the earlier of three years from the grant date, or termination/retirement date.
- F4The Deferred Stock Units vest in four equal quarterly installments over a 12 month period beginning February 15, 2013. Vested shares will be delivered to the reporting person the earlier of three years from the grant date, or termination/retirement date.