Filing Details
- Accession Number:
- 0001127602-18-006849
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-02-16 19:14:42
- Reporting Period:
- 2018-02-15
- Accepted Time:
- 2018-02-16 19:14:42
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1330270 | W John Kuo | C/O Varian Medical Systems, Inc. 3100 Hansen Way M/S E-327 Palo Alto CA 94304 | Svp, Gen Counsel And Secretary | No | Yes | 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 | 2018-02-15 | 863 | $67.12 | 28,224 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-02-15 | 600 | $120.30 | 27,624 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-02-15 | 263 | $121.12 | 27,361 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-02-15 | 5,579 | $80.40 | 32,940 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-02-15 | 3,000 | $120.27 | 29,940 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-02-15 | 2,579 | $121.17 | 27,361 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-02-15 | 1,762 | $0.00 | 29,123 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-02-15 | 1,066 | $0.00 | 30,189 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-02-15 | 1,119 | $0.00 | 31,308 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-02-15 | 1,463 | $121.87 | 29,845 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct |
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 | 2018-02-15 | 863 | $0.00 | 863 | $67.12 |
| Common Stock | Non Qualified Stock Option (Right to Buy) | Disposition | 2018-02-15 | 5,579 | $0.00 | 5,579 | $80.40 |
| Common Stock | Restricted Stock Units | Disposition | 2018-02-15 | 1,762 | $0.00 | 1,762 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2018-02-15 | 1,066 | $0.00 | 1,066 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2018-02-15 | 1,119 | $0.00 | 1,119 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 10,354 | 2023-02-12 | No | 4 | M | Direct | |
| 11,160 | 2024-02-10 | No | 4 | M | Direct | |
| 7,884 | No | 4 | M | Direct | ||
| 6,818 | No | 4 | M | Direct | ||
| 5,699 | No | 4 | M | Direct |
Footnotes
- This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- The 600 shares were sold in multiple transactions executed on the same day at prices ranging from $119.97 to $120.91. The detailed breakdown of executed sales will be furnished upon request.
- The 263 shares were sold in multiple transactions executed on the same day at prices ranging from $121.05 to $121.17. The detailed breakdown of executed sales will be furnished upon request.
- The 3,000 shares were sold in multiple transactions executed on the same day at prices ranging from $119.77 to $120.73. The detailed breakdown of executed sales will be furnished upon request.
- The 2,579 shares were sold in multiple transactions executed on the same day at prices ranging from $120.82 to $121.49. The detailed breakdown of executed sales will be furnished upon request.
- Each restricted stock unit represents a contingent right to receive one share of VAR common stock.
- Represents shares withheld from vested restricted stock units for the payment of federal, state and payroll taxes due on vesting.
- Stock 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.
- Stock 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.
- The restricted stock units vest in three equal installments on February 15, 2016, February 15, 2017, and February 15, 2018. Vested shares will be delivered to the reporting person on vest date.
- The restricted stock units vest in three equal installments on February 15, 2017, February 15, 2018, and February 15, 2019. Vested shares will be delivered to the reporting person on vest date.
- The restricted stock units vest in three equal installments on February 15, 2018, February 15, 2019, and February 15, 2020. Vested shares will be delivered to the reporting person on vest date.
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