SEC Form 4 · accession 0001127602-19-005785
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kolleen T Kennedy
Officer — EVP and Pres. Oncology Sys.
Period of report
Feb 11, 2019
Accepted (ET)
Feb 13, 2019 · 7:58 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 | Feb 11, 2019 | M | 699 | $80.40 | A | 27,597 | D | |
| Common StockF2 | Feb 11, 2019 | S | 699 | $131.4532 | D | 26,898 | 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)F3 | $80.40 | Feb 11, 2019 | M | 699 | D | — | Feb 10, 2024 | Common Stock | 699 | 8,391 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 699 shares were sold in multiple transactions executed on the same day at prices ranging from $131.22 to $131.99. The detailed breakdown of executed sales will be furnished upon request.
- F3Stock 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.