SEC Form 4 · accession 0001127602-18-004696
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark R Laret
Director
Period of report
Feb 8, 2018
Accepted (ET)
Feb 8, 2018 · 8:27 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 | Feb 8, 2018 | M | 6,326 | $0.00 | A | 6,326 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2,F3,F4 | — | Feb 8, 2018 | M | 6,326 | D | — | — | Common Stock | 6,326 | 0 | D |
Explanation of responses
- F1Each Deferred Stock Unit represents the right to receive one share of VAR common stock.
- F2The Deferred Stock Units vest in four equal quarterly installments over a 12 month period beginning February 13, 2015. Vested shares will be delivered to the reporting person the earlier of three years from the grant date, or termination/retirement date.
- F3The Deferred Stock Units vest in four equal quarterly installments over a 12 month period beginning February 12, 2016. Vested shares will be delivered to the reporting person the earlier of three years from the grant date, or termination/retirement date.
- F4The Deferred Stock Units vest in four equal quarterly installments over a 12 month period beginning February 10, 2017. Vested shares will be delivered to the reporting person on the earlier of three years from the grant date, termination/retirement date, or a change in control.