SEC Form 4 · accession 0001127602-18-033496
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
Nov 15, 2018
Accepted (ET)
Nov 16, 2018 · 6:12 pm EST
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 | Nov 15, 2018 | M | 200 | $80.40 | A | 30,286 | D | |
| Common StockF2 | Nov 15, 2018 | S | 200 | $114.325 | D | 30,086 | D | |
| Common Stock | Nov 15, 2018 | M | 162 | $80.40 | A | 30,248 | D | |
| Common StockF3 | Nov 15, 2018 | S | 162 | $115.3909 | D | 30,086 | D | |
| Common Stock | Nov 15, 2018 | M | 100 | $80.40 | A | 30,186 | D | |
| Common Stock | Nov 15, 2018 | S | 100 | $116.51 | D | 30,086 | D | |
| Common Stock | Nov 15, 2018 | M | 300 | $67.12 | A | 30,386 | D | |
| Common StockF4 | Nov 15, 2018 | S | 300 | $114.4733 | D | 30,086 | D | |
| Common Stock | Nov 15, 2018 | M | 562 | $67.12 | A | 30,648 | D | |
| Common StockF5 | Nov 15, 2018 | S | 562 | $116.3189 | 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 | $80.40 | Nov 15, 2018 | M | 200 | D | — | Feb 10, 2024 | Common Stock | 200 | 7,240 | D |
| Non Qualified Stock Option (Right to Buy)F6 | $80.40 | Nov 15, 2018 | M | 162 | D | — | Feb 10, 2024 | Common Stock | 162 | 7,078 | D |
| Non Qualified Stock Option (Right to Buy)F6 | $80.40 | Nov 15, 2018 | M | 100 | D | — | Feb 10, 2024 | Common Stock | 100 | 6,978 | D |
| Non Qualified Stock Option (Right to Buy)F7 | $67.12 | Nov 15, 2018 | M | 300 | D | — | Feb 12, 2023 | Common Stock | 300 | 3,154 | D |
| Non Qualified Stock Option (Right to Buy)F7 | $67.12 | Nov 15, 2018 | M | 562 | D | — | Feb 12, 2023 | Common Stock | 562 | 2,592 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 200 shares were sold in multiple transactions executed on the same day at prices ranging from $114.13 to $114.52. The detailed breakdown of executed sales will be furnished upon request.
- F3The 162 shares were sold in multiple transactions executed on the same day at prices ranging from $115.39 to $115.42. The detailed breakdown of executed sales will be furnished upon request.
- F4The 300 shares were sold in multiple transactions executed on the same day at prices ranging from $114.44 to $114.52. The detailed breakdown of executed sales will be furnished upon request.
- F5The 562 shares were sold in multiple transactions executed on the same day at prices ranging from $115.98 to $116.81. The detailed breakdown of executed sales will be furnished upon request.
- F6Stock 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.
- 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 2/12/2017, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.