SEC Form 4 · accession 0001127602-16-066445
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
Nov 7, 2016
Accepted (ET)
Nov 8, 2016 · 6:38 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 | Nov 7, 2016 | M | 10,000 | $52.83 | A | 70,598 | D | |
| Common StockF2 | Nov 7, 2016 | S | 1,500 | $90.0847 | D | 69,098 | D | |
| Common StockF3 | Nov 7, 2016 | S | 8,500 | $90.68 | D | 60,598 | 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)F4 | $52.83 | Nov 7, 2016 | M | 10,000 | D | — | May 14, 2017 | Common Stock | 10,000 | 23,334 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 1,500 shares were sold in multiple transactions executed on the same day at prices ranging from $89.96 to $90.16. The detailed breakdown of executed sales will be furnished upon request.
- F3The 8,500 shares were sold in multiple transactions executed on the same day at prices ranging from $90.20 to $90.99. The detailed breakdown of executed sales will be furnished upon request.
- F4Stock option granted under the Varian Medical Systems, Inc. Second Amended and Restated 2005 Omnibus Stock Plan, which complies with Rule 16b-3. The option vests as follows: one third on 5/14/2011, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.