CHEN TAI-YUN 4
4 · VARIAN MEDICAL SYSTEMS INC · Filed Nov 15, 2011
Insider Transaction Report
Form 4
CHEN TAI-YUN
VP and Corporate Controller
Transactions
- Award
Restricted Stock Units
2011-11-11+4,056→ 7,020 total→ Common Stock (4,056 underlying) - Award
Non Qualified Stock Option (Right to Buy)
2011-11-11+13,334→ 13,334 totalExercise: $57.90Exp: 2018-11-11→ Common Stock (13,334 underlying)
Footnotes (3)
- [F1]Stock option granted under the Varian Medical Systems, Inc. Second Amended and Restated 2005 Omnibus Stock Plan, which complies with Rule 16b-3. The option vests as follows: one third on 11/11/2012, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of VAR common stock.
- [F3]The restricted stock units vest in three equal installments on November 21, 2012, November 21, 2013, and November 21, 2014. Vested shares will be delivered to the reporting person on vest date.