SEC Form 4 · accession 0001127602-16-059430
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clarence R Verhoef
Officer — SVP, Finance, Corp Controller
Period of report
Aug 1, 2016
Accepted (ET)
Aug 3, 2016 · 5:45 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 | Aug 1, 2016 | M | 2,500 | $50.52 | A | 8,616 | D | |
| Common StockF2 | Aug 1, 2016 | S | 2,500 | $94.8784 | D | 6,116 | D | |
| Common Stock | Aug 1, 2016 | M | 5,000 | $50.52 | A | 11,116 | D | |
| Common StockF3 | Aug 1, 2016 | S | 5,000 | $94.8876 | D | 6,116 | D | |
| Common StockF4,F5 | Aug 1, 2016 | S | 1,983 | $94.8675 | D | 4,133 | D | |
| Common Stock | holding | — | — | — | 0 | 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)F6 | $50.52 | Aug 1, 2016 | M | 2,500 | D | Oct 2, 2009 | Oct 2, 2016 | Common Stock | 2,500 | 5,000 | D |
| Non-qualified Stock Option (Right to Buy)F6 | $50.52 | Aug 1, 2016 | M | 5,000 | D | Oct 2, 2009 | Oct 2, 2016 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 2,500 shares were sold in multiple transactions executed on the same day at prices ranging from $94.55 to $95.25. The detailed breakdown of executed sales will be furnished upon request.
- F3The 5,000 shares were sold in multiple transactions executed on the same day at prices ranging from $94.46 to $95.35. The detailed breakdown of executed sales will be furnished upon request.
- F4The 1,983 shares were sold in multiple transactions executed on the same day at prices ranging from $94.56 to $95.25. The detailed breakdown of executed sales will be furnished upon request.
- F5Amount of securities beneficially owned at end of reporting period reflect 171 shares purchased on April 29, 2016 under the Varian Medical Systems, Inc. Employee Stock Purchase Plan.
- F6Stock option granted under the Varian Medical Systems, Inc. Amended and Restated 2005 Omnibus Stock Plan, which complies with Rule 16b-3.