SEC Form 4 · accession 0001127602-17-027169
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Dow R Wilson
Officer — President and CEO · Director
Period of report
Sep 7, 2017
Accepted (ET)
Sep 8, 2017 · 3:05 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 | Sep 7, 2017 | M | 15,059 | $0.00 | A | 81,835 | D | |
| Common StockF2 | Sep 7, 2017 | S | 10,581 | $105.3147 | D | 71,254 | D | |
| Common StockF3 | Sep 7, 2017 | S | 4,478 | $105.6346 | D | 66,776 | 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 | $51.23 | Sep 7, 2017 | M | 15,059 | D | — | Nov 11, 2018 | Common Stock | 15,059 | 15,059 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 10,581 shares were sold in multiple transactions executed on the same day at prices ranging from $104.98 to $105.50. The detailed breakdown of executed sales will be furnished upon request.
- F3The 4,478 shares were sold in multiple transactions executed on the same day at prices ranging from $105.51 to $106.05. 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 11/11/2012, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.