SEC Form 4 · accession 0001127602-18-014345
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
Apr 10, 2018
Accepted (ET)
Apr 10, 2018 · 6:54 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 | Apr 10, 2018 | M | 699 | $80.40 | A | 27,361 | D | |
| Common StockF2 | Apr 10, 2018 | S | 499 | $120.1163 | D | 26,862 | D | |
| Common StockF3 | Apr 10, 2018 | S | 200 | $120.875 | 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)F4 | $80.40 | Apr 10, 2018 | M | 699 | D | — | Feb 10, 2024 | Common Stock | 699 | 15,382 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 499 shares were sold in multiple transactions executed on the same day at prices ranging from $119.67 to $120.54. The detailed breakdown of executed sales will be furnished upon request.
- F3The 200 shares were sold in multiple transactions executed on the same day at prices ranging from $120.75 to $121.00. The detailed breakdown of executed sales will be furnished upon request.
- F4Stock 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.