SEC Form 4 · accession 0001127602-16-064132
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
Oct 3, 2016
Accepted (ET)
Oct 4, 2016 · 5:19 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 | Oct 3, 2016 | M | 4,668 | $68.84 | A | 9,863 | D | |
| Common StockF2 | Oct 3, 2016 | S | 3,310 | $98.7339 | D | 6,553 | D | |
| Common StockF3 | Oct 3, 2016 | S | 1,358 | $99.2106 | D | 5,195 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Qualified Stock Option (Right to Buy)F4 | $68.84 | Oct 3, 2016 | M | 4,668 | D | — | Nov 9, 2019 | Common Stock | 4,668 | 0 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 3,310 shares were sold in multiple transactions executed on the same day at prices ranging from $98.28 to $99.03. The detailed breakdown of executed sales will be furnished upon request.
- F3The 1,358 shares were sold in multiple transactions executed on the same day at prices ranging from $99.13 to $99.35. The detailed breakdown of executed sales will be furnished upon request.
- F4Stock option granted under the Varian Medical Systems, Inc. Third Amended and Restated 2005 Omnibus Stock Plan, which complies with Rule 16b-3. The option vests as follows: one third on 11/09/2013, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.