SEC Form 4 · accession 0001127602-17-032109

VARIAN MEDICAL SYSTEMS INC · VAR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Kolleen T Kennedy

Officer — EVP and Pres. Oncology Sys.

Period of report

Nov 13, 2017

Accepted (ET)

Nov 14, 2017 · 6:08 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
Common Stock	Nov 13, 2017	M	933	$81.97	A	27,595	D
Common Stock^F2	Nov 13, 2017	S	300	$106.7733	D	27,295	D
Common Stock^F3	Nov 13, 2017	S	633	$107.6245	D	26,662	D
Common Stock	Nov 13, 2017	M	1,088	$67.12	A	27,750	D
Common Stock^F4	Nov 13, 2017	S	400	$106.8225	D	27,350	D
Common Stock^F5,F6	Nov 13, 2017	S	688	$107.6975	D	26,662	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)^F7	$81.97	Nov 13, 2017	M	933	D	—	Feb 13, 2022	Common Stock	933	2,796	D
Non Qualified Stock Option (Right to Buy)^F8	$67.12	Nov 13, 2017	M	1,088	D	—	Feb 12, 2023	Common Stock	1,088	16,319	D

Explanation of responses

F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
F2The 300 shares were sold in multiple transactions executed on the same day at prices ranging from $106.59 to $106.89. The detailed breakdown of executed sales will be furnished upon request.
F3The 633 shares were sold in multiple transactions executed on the same day at prices ranging from $107.06 to $107.94. The detailed breakdown of executed sales will be furnished upon request.
F4The 400 shares were sold in multiple transactions executed on the same day at prices ranging from $106.72 to $106.92. The detailed breakdown of executed sales will be furnished upon request.
F5The 688 shares were sold in multiple transactions executed on the same day at prices ranging from $107.31 to $108.01. The detailed breakdown of executed sales will be furnished upon request.
F6Amount of securities beneficially owned at end of reporting period reflect 62 shares purchased on October 27, 2017 under the Varian Medical Systems, Inc. Employee Stock Purchase Plan.
F7Stock 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 2/13/2016, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.
F8Stock 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 2/12/2017, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.