4//SEC Filing
VARIAN INC 4
Accession 0001079028-10-000023
CIK 0001079028operating
Filed
May 13, 8:00 PM ET
Accepted
May 14, 7:34 PM ET
Size
18.0 KB
Accession
0001079028-10-000023
Insider Transaction Report
Form 4
VARIAN INCVARI
PIRAS SERGIO
Senior VP, Vacuum Tech.
Transactions
- Disposition to Issuer
Common Stock
2010-05-14$52.00/sh−45,625$2,372,500→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-05-14−11,334→ 0 totalExercise: $45.30Exp: 2016-12-04→ Common Stock (11,334 underlying) - Disposition to Issuer
Performance Shares
2010-05-14−4,000→ 0 totalExp: 2010-12-15→ Common Stock (4,000 underlying) - Disposition to Issuer
Common Stock
2010-05-14$52.00/sh−5,466$284,232→ 45,625 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-05-14−18,500→ 0 totalExercise: $35.97Exp: 2018-11-13→ Common Stock (18,500 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-05-14−25,000→ 0 totalExercise: $42.51From: 2006-11-10Exp: 2012-11-10→ Common Stock (25,000 underlying) - Disposition to Issuer
Performance Shares
2010-05-14−6,000→ 0 totalExp: 2011-12-14→ Common Stock (6,000 underlying)
Footnotes (8)
- [F1]Represents restricted stock granted under the Varian, Inc. Omnibus Stock Plan.
- [F2]Pursuant to the Agreement and Plan of Merger by and among Agilent Technologies, Inc., Cobalt Acquisition Corp. and the Issuer dated July 26, 2009 (the "Merger Agreement"), each share of restricted stock was accelerated, cancelled and converted into the right to receive $52.00 in cash.
- [F3]This option, which provided for vesting in 2011, was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $16.03 per share, representing the difference between $52.00 and the exercise price of the option.
- [F4]This option, which provided for vesting in 2008, was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $9.49 per share, representing the difference between $52.00 and the exercise price of the option.
- [F5]This option, which provided for vesting in 2009, was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $ 6.70 per share, representing the difference between $ 52.00 and the exercise price of the option.
- [F6]Each Performance Share Award represents a contingent right to receive one share of VARI common stock.
- [F7]This Performance Share Award, which was scheduled to vest in 2010, was cancelled pursuant to the Merger Agreement and converted into the right to receive $52.00 per share in cash.
- [F8]This Performance Share Award, which was scheduled to vest in 2011, was cancelled pursuant to the Merger Agreement and converted into the right to receive $52.00 per share in cash.
Documents
Issuer
VARIAN INC
CIK 0001079028
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001079028
Filing Metadata
- Form type
- 4
- Filed
- May 13, 8:00 PM ET
- Accepted
- May 14, 7:34 PM ET
- Size
- 18.0 KB