SEC Form 4 · accession 0001127602-19-006167
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan L Bostrom
Director
Period of report
Feb 11, 2019
Accepted (ET)
Feb 14, 2019 · 9:04 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 | 1,441 | $0.00 | A | 5,250 | D | |
| Common Stock | Feb 12, 2019 | M | 2,384 | $0.00 | A | 7,634 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 11, 2019 | M | 1,441 | D | — | — | Common Stock | 1,441 | 0 | D |
| Deferred Stock UnitsF3,F4 | — | Feb 12, 2019 | M | 2,384 | D | — | — | Common Stock | 2,384 | 1,990 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of VAR common stock.
- F2The restricted stock units vest on the earlier of February 9, 2019, or the next Annual Meeting of Stockholders that occurs after the Grant Date. Vested shares will be delivered to the reporting person on vest date.
- F3Each Deferred Stock Unit represents the right to receive one share of VAR common stock.
- F4The Deferred Stock Units vest in four equal quarterly installments over a 12 month period beginning February 10, 2017. Vested shares will be delivered to the reporting person on the earlier of three years from the grant date, termination/retirement date, or a change in control.