SEC Form 4 · accession 0001127602-18-001530

VARIAN MEDICAL SYSTEMS INC · VAR

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

Reporting owner

John W Kuo

Officer — SVP, Gen Counsel and Secretary

Period of report

Jan 8, 2018

Accepted (ET)

Jan 10, 2018 · 3:05 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	Jan 8, 2018	M	2	$74.06	A	27,363	D
Common Stock	Jan 8, 2018	M	4,314	$67.12	A	31,677	D
Common Stock	Jan 8, 2018	M	3,675	$81.97	A	35,352	D
Common Stock^F2	Jan 8, 2018	S	3,000	$110.483	D	32,352	D
Common Stock^F3	Jan 8, 2018	S	1,316	$111.0563	D	31,036	D
Common Stock^F4	Jan 8, 2018	S	2,300	$110.41	D	28,736	D
Common Stock^F5	Jan 8, 2018	S	1,375	$111.0241	D	27,361	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	$74.06	Jan 8, 2018	M	2	D	—	Feb 21, 2021	Common Stock	2	0	D
Non Qualified Stock Option (Right to Buy)^F7	$67.12	Jan 8, 2018	M	4,314	D	—	Feb 12, 2023	Common Stock	4,314	12,080	D
Non Qualified Stock Option (Right to Buy)^F8	$81.97	Jan 8, 2018	M	3,675	D	—	Feb 13, 2022	Common Stock	3,675	1,470	D

Explanation of responses

F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
F2The 3,000 shares were sold in multiple transactions executed on the same day at prices ranging from $109.96 to $110.95. The detailed breakdown of executed sales will be furnished upon request.
F3The 1,316 shares were sold in multiple transactions executed on the same day at prices ranging from $110.96 to $111.21. The detailed breakdown of executed sales will be furnished upon request.
F4The 2,300 shares were sold in multiple transactions executed on the same day at prices ranging from $109.96 to $110.89. The detailed breakdown of executed sales will be furnished upon request.
F5The 1,375 shares were sold in multiple transactions executed on the same day at prices ranging from $110.90 to $111.21. 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 02/21/2015, 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 2/12/2017, 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 2/13/2016, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.