SEC Form 4 · accession 0001127602-18-009758
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dow R Wilson
Officer — President and CEO · Director
Period of report
Mar 1, 2018
Accepted (ET)
Mar 2, 2018 · 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 1, 2018 | M | 24,000 | $74.06 | A | 99,356 | D | |
| Common StockF2 | Mar 1, 2018 | S | 5,543 | $116.8337 | D | 93,813 | D | |
| Common StockF3 | Mar 1, 2018 | S | 7,040 | $117.8802 | D | 86,773 | D | |
| Common StockF4 | Mar 1, 2018 | S | 10,817 | $118.6699 | D | 75,956 | D | |
| Common StockF5 | Mar 1, 2018 | S | 600 | $119.4392 | D | 75,356 | 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 | Mar 1, 2018 | M | 24,000 | D | — | Feb 21, 2021 | Common Stock | 24,000 | 45,050 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 5,543 shares were sold in multiple transactions executed on the same day at prices ranging from $116.36 to $117.30. The detailed breakdown of executed sales will be furnished upon request.
- F3The 7,040 shares were sold in multiple transactions executed on the same day at prices ranging from $117.37 to $118.34. The detailed breakdown of executed sales will be furnished upon request.
- F4The 10,817 shares were sold in multiple transactions executed on the same day at prices ranging from $118.38 to $119.27. The detailed breakdown of executed sales will be furnished upon request.
- F5The 600 shares were sold in multiple transactions executed on the same day at prices ranging from $119.395 to $119.50. 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.