SEC Form 4 · accession 0001127602-18-031357
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Magnus Momsen
Officer — SVP, CAO, Corporate Controller
Period of report
Oct 29, 2018
Accepted (ET)
Oct 31, 2018 · 3:16 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 | Oct 29, 2018 | M | 1,000 | $60.91 | A | 1,681 | D | |
| Common Stock | Oct 29, 2018 | M | 157 | $60.91 | A | 1,838 | D | |
| Common StockF2 | Oct 29, 2018 | S | 1,000 | $111.073 | D | 838 | D | |
| Common StockF3 | Oct 29, 2018 | S | 157 | $111.6136 | D | 681 | D | |
| Common Stock | Oct 29, 2018 | M | 1,543 | $74.06 | A | 2,224 | D | |
| Common StockF4,F5 | Oct 29, 2018 | S | 1,543 | $112.1469 | D | 681 | 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 | $60.91 | Oct 29, 2018 | M | 1,000 | D | Nov 9, 2015 | Nov 9, 2019 | Common Stock | 1,000 | 157 | D |
| Non Qualified Stock Option (Right to Buy)F6 | $60.91 | Oct 29, 2018 | M | 157 | D | Nov 9, 2015 | Nov 9, 2019 | Common Stock | 157 | 0 | D |
| Non Qualified Stock Option (Right to Buy)F7 | $74.06 | Oct 29, 2018 | M | 1,543 | D | Feb 21, 2017 | Feb 21, 2021 | Common Stock | 1,543 | 2,800 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 1,000 shares were sold in multiple transactions executed on the same day at prices ranging from $110.53 to $111.51. The detailed breakdown of executed sales will be furnished upon request.
- F3The 157 shares were sold in multiple transactions executed on the same day at prices ranging from $111.61 to $111.62. The detailed breakdown of executed sales will be furnished upon request.
- F4The 1,543 shares were sold in multiple transactions executed on the same day at prices ranging from $111.62 to $112.56. The detailed breakdown of executed sales will be furnished upon request.
- F5Amount of securities beneficially owned at end of reporting period reflect 57 shares purchased on October 26, 2018 under the Varian Medical Systems, Inc. Employee Stock Purchase Plan .
- 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 11/09/2013, 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. Third Amended and Restated 2005 Omnibus Stock Plan, which complies with Rule 16b-3. The option vests as follows: one third on 02/21/2015, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.