SEC Form 4 · accession 0001127602-18-017612

VARIAN MEDICAL SYSTEMS INC · VAR

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

Reporting owner

Officer — SVP, Gen Counsel and Secretary

Period of report

May 15, 2018

Accepted (ET)

May 16, 2018 · 1:30 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
Common Stock	May 15, 2018	M	465	$80.40	A	30,551	D
Common Stock^F2	May 15, 2018	S	465	$117.1652	D	30,086	D
Common Stock	May 15, 2018	M	862	$67.12	A	30,948	D
Common Stock^F3,F4	May 15, 2018	S	862	$117.1444	D	30,086	D

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	$80.40	May 15, 2018	M	465	D	—	Feb 10, 2024	Common Stock	465	9,765	D
Non Qualified Stock Option (Right to Buy)^F6	$67.12	May 15, 2018	M	862	D	—	Feb 12, 2023	Common Stock	862	7,766	D

F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
F2The 465 shares were sold in multiple transactions executed on the same day at prices ranging from $116.91 to $117.32. The detailed breakdown of executed sales will be furnished upon request.
F3The 862 shares were sold in multiple transactions executed on the same day at prices ranging from $116.91 to $117.45. The detailed breakdown of executed sales will be furnished upon request.
F4Amount of securities beneficially owned at end of reporting period reflect 241 shares purchased April 27, 2018 under the Varian Medical Systems, Inc. Employee Stock Purchase Plan.
F5Stock 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.
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 2/12/2017, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.