SEC Form 4 · accession 0001127602-17-034608
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
Dec 12, 2017
Accepted (ET)
Dec 13, 2017 · 8:41 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 | Dec 12, 2017 | M | 1,087 | $67.12 | A | 27,749 | D | |
| Common StockF2 | Dec 12, 2017 | S | 200 | $110.655 | D | 27,549 | D | |
| Common StockF3 | Dec 12, 2017 | S | 887 | $111.1876 | D | 26,662 | D | |
| Common Stock | Dec 13, 2017 | M | 931 | $81.97 | A | 27,593 | D | |
| Common StockF4 | Dec 13, 2017 | S | 431 | $112.5073 | D | 27,162 | D | |
| Common StockF5 | Dec 13, 2017 | S | 500 | $113.438 | 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)F6 | $67.12 | Dec 12, 2017 | M | 1,087 | D | — | Feb 12, 2023 | Common Stock | 1,087 | 15,232 | D |
| Non Qualified Stock Option (Right to Buy)F7 | $81.97 | Dec 13, 2017 | M | 931 | D | — | Feb 13, 2022 | Common Stock | 931 | 1,865 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 200 shares were sold in multiple transactions executed on the same day at prices ranging from $110.64 to $110.67. The detailed breakdown of executed sales will be furnished upon request.
- F3The 887 shares were sold in multiple transactions executed on the same day at prices ranging from $110.76 to $111.68. The detailed breakdown of executed sales will be furnished upon request.
- F4The 431 shares were sold in multiple transactions executed on the same day at prices ranging from $112.09 to $112.86. The detailed breakdown of executed sales will be furnished upon request.
- F5The 500 shares were sold in multiple transactions executed on the same day at prices ranging from $113.04 to $113.94. The detailed breakdown of executed sales will be furnished upon request.
- F6Stock 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.
- 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.