SEC Form 4 · accession 0001127602-18-023467
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
Jul 16, 2018
Accepted (ET)
Jul 18, 2018 · 11:40 am 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 | Jul 16, 2018 | M | 462 | $67.12 | A | 30,548 | D | |
| Common Stock | Jul 16, 2018 | M | 400 | $67.12 | A | 30,948 | D | |
| Common StockF2 | Jul 16, 2018 | S | 462 | $115.0221 | D | 30,486 | D | |
| Common StockF3 | Jul 16, 2018 | S | 400 | $115.4725 | D | 30,086 | D | |
| Common Stock | Jul 16, 2018 | M | 265 | $80.40 | A | 30,351 | D | |
| Common Stock | Jul 16, 2018 | M | 200 | $80.40 | A | 30,551 | D | |
| Common StockF4 | Jul 16, 2018 | S | 265 | $115.1112 | D | 30,286 | D | |
| Common StockF5 | Jul 16, 2018 | S | 200 | $115.70 | D | 30,086 | 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 | $67.12 | Jul 16, 2018 | M | 462 | D | — | Feb 12, 2023 | Common Stock | 462 | 6,440 | D |
| Non Qualified Stock Option (Right to Buy)F6 | $67.12 | Jul 16, 2018 | M | 400 | D | — | Feb 12, 2023 | Common Stock | 400 | 6,040 | D |
| Non Qualified Stock Option (Right to Buy)F7 | $80.40 | Jul 16, 2018 | M | 265 | D | — | Feb 10, 2024 | Common Stock | 265 | 9,035 | D |
| Non Qualified Stock Option (Right to Buy)F7 | $80.40 | Jul 16, 2018 | M | 200 | D | — | Feb 10, 2024 | Common Stock | 200 | 8,835 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 462 shares were sold in multiple transactions executed on the same day at prices ranging from $114.81 to $115.27. 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 $115.30 to $115.89. The detailed breakdown of executed sales will be furnished upon request.
- F4The 265 shares were sold in multiple transactions executed on the same day at prices ranging from $114.84 to $115.37. The detailed breakdown of executed sales will be furnished upon request.
- F5The 200 shares were sold in multiple transactions executed on the same day at prices ranging from $115.51 to $115.89. 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 2/12/2017, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.
- F7Stock 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.