SEC Form 4 · accession 0001127602-19-001489
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
Jan 3, 2019
Accepted (ET)
Jan 7, 2019 · 4:02 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 | Jan 3, 2019 | M | 2,600 | $74.06 | A | 3,281 | D | |
| Common StockF2 | Jan 3, 2019 | S | 2,600 | $110.0533 | D | 681 | D | |
| Common Stock | Jan 3, 2019 | M | 200 | $74.06 | A | 881 | D | |
| Common StockF3 | Jan 3, 2019 | S | 200 | $111.635 | 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)F4 | $74.06 | Jan 3, 2019 | M | 2,600 | D | Feb 21, 2017 | Feb 21, 2021 | Common Stock | 2,600 | 200 | D |
| Non Qualified Stock Option (Right to Buy)F4 | $74.06 | Jan 3, 2019 | M | 200 | D | Feb 21, 2017 | Feb 21, 2021 | Common Stock | 200 | 0 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 2,600 shares were sold in multiple transactions executed on the same day at prices ranging from $110.00 to $110.76. The detailed breakdown of executed sales will be furnished upon request.
- F3The 200 shares were sold in multiple transactions executed on the same day at prices ranging from $111.40 to $111.87. The detailed breakdown of executed sales will be furnished upon request.
- F4Stock 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.