MARTIN DAVID W JR 4
4 · VARIAN MEDICAL SYSTEMS INC · Filed Feb 17, 2011
Insider Transaction Report
Form 4
MARTIN DAVID W JR
Director
Transactions
- Award
Deferred Stock Units
2011-02-16+1,411→ 6,204 total→ Common Stock (1,411 underlying) - Award
Non Qualified Stock Option (Right to Buy)
2011-02-16+5,000→ 5,000 totalExercise: $70.91From: 2011-02-16Exp: 2018-02-16→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Each Deferred Stock Unit represents the right to receive one share of VAR common stock.
- [F2]The Deferred Stock Units vest in four equal quarterly installments over a 12 month period beginning February 16, 2011. Vested shares will be delivered to the reporting person the earlier of three years from the grant date, or termination/retirement date.
- [F3]Stock option granted under the Varian Medical Systems, Inc. Second Amended and Restated 2005 Omnibus Stock Plan, which complies with Rule 16b-3.