SEC Form 4 · accession 0001127602-18-011747
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
Mar 15, 2018
Accepted (ET)
Mar 15, 2018 · 8:47 pm EDT
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 15, 2018 | M | 863 | $67.12 | A | 30,708 | D | |
| Common Stock | Mar 15, 2018 | M | 465 | $80.40 | A | 31,173 | D | |
| Common StockF2 | Mar 15, 2018 | S | 463 | $125.1556 | D | 30,710 | D | |
| Common StockF3 | Mar 15, 2018 | S | 400 | $125.90 | D | 30,310 | D | |
| Common StockF4 | Mar 15, 2018 | S | 465 | $125.516 | D | 29,845 | 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)F5 | $67.12 | Mar 15, 2018 | M | 863 | D | — | Feb 12, 2023 | Common Stock | 863 | 9,491 | D |
| Non Qualified Stock Option (Right to Buy)F6 | $80.40 | Mar 15, 2018 | M | 465 | D | — | Feb 10, 2024 | Common Stock | 465 | 10,695 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 463 shares were sold in multiple transactions executed on the same day at prices ranging from $124.97 to $125.29. The detailed breakdown of executed sales will be furnished upon request.
- F3The 400 shares were sold in multiple transactions executed on the same day at prices ranging from $125.46 to $126.35. The detailed breakdown of executed sales will be furnished upon request.
- F4The 465 shares were sold in multiple transactions executed on the same day at prices ranging from $125.25 to $125.97. The detailed breakdown of executed sales will be furnished upon request.
- F5Stock 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.
- F6Stock option granted under the Varian Medical Systems, Inc. Fourth Amended and Restated 2005 Omnibus Stock Plan which complies with Rule 16b-3. The option vests as follows: one third on 2/10/2018, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.