SEC Form 4 · accession 0001127602-18-018258
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary E Bischoping Jr.
Officer — SVP, Finance & CFO
Period of report
May 18, 2018
Accepted (ET)
May 21, 2018 · 1:49 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 StockF1 | May 18, 2018 | M | 2,819 | — | A | 2,819 | D | |
| Common StockF2 | May 18, 2018 | F | 974 | $118.40 | D | 1,845 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | May 18, 2018 | M | 2,819 | D | — | — | Common Stock | 2,819 | 8,386 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of VAR common stock.
- F2Represents shares withheld from vested restricted stock units for the payment of federal, state and payroll taxes due on vesting.
- F3The restricted stock units vest in three equal installments on May 18, 2018, May 18, 2019, and May 18, 2020. Vested Shares will be delivered to the reporting person on vest date.