SEC Form 4 · accession 0001127602-17-018887
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary E Bischoping Jr.
Officer — SVP, Finance & CFO
Period of report
May 18, 2017
Accepted (ET)
May 19, 2017 · 6:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000203527
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | May 18, 2017 | A | 8,457 | A | — | — | Common Stock | 8,457 | 8,457 | D |
| Non Qualified Stock Option (Right to Buy)F3 | $94.60 | May 18, 2017 | A | 75,330 | A | — | May 18, 2024 | Common Stock | 75,330 | 75,330 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of VAR common stock.
- F2The restricted stock units vest in three equal installments on May 18, 2018, May 18, 2019, and May 18, 2020. Vested Shares will be delivered to the reporting person on vest date.
- F3Stock option granted under the Varian Medical Systems, Inc. Fourth Amended and Restated 2005 Omnibus Stock Plan which complies with Rule 16b-3. The option vests as follows: one third on 5/18/2018, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.