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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
203527	Varian Medical Systems Inc	VAR	Electromedical & Electrotherapeutic Apparatus (3845)	942359345

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1217442	M Richard Levy	C/O Varian Medical Systems 3100 Hansen Way, Mail Stop E-327 Palo Alto CA 94304-1030		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-12-27	15,000	$32.10	15,000	No	4	M	Direct
Common Stock	Disposition	2010-12-27	15,000	$70.59	0	No	4	S	Direct
Common Stock	Disposition	2010-12-27	2,000	$0.00	62,907	No	5	G	Indirect	By Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct
No	5	G	Indirect	By Trust

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-qualified Stock Option (Right to Buy)	Disposition	2010-12-27	15,000	$0.00	15,000	$32.10

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
90,000		2013-11-11	No	4	M	Direct

Footnotes

This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
The 15,000 shares were sold in multiple transactins executed on the same day at prices ranging from $70.04 to $70.64. The detailed breakdown will be furnished upon request.
Granted under the Varian Medical Systems, Inc. Omnibis Stock Plan which complies with Rule 16b-3. The option vests as follows: one third on 11/11/2004, and the remaining shares in equal installments over the 24-month period following the first vesting date.