BISCHOPING GARY E JR 4
4 · VARIAN MEDICAL SYSTEMS INC · Filed Feb 20, 2019
Insider Transaction Report
Form 4
BISCHOPING GARY E JR
SVP, Finance & CFO
Transactions
- Exercise/Conversion
Common Stock
2019-02-15+916→ 1,916 total - Sale
Common Stock
2019-02-15$132.40/sh−100$13,240→ 1,283 total - Exercise/Conversion
Restricted Stock Units
2019-02-15−916→ 9,823 total→ Common Stock (916 underlying) - Tax Payment
Common Stock
2019-02-15$132.74/sh−333$44,202→ 1,583 total - Sale
Common Stock
2019-02-15$131.34/sh−200$26,268→ 1,383 total
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of VAR common stock.
- [F2]Represents shares withheld from vested restricted stock units for the payment of federal, state and payroll taxes due on vesting.
- [F3]This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- [F4]The 200 shares were sold in multiple transactions executed on the same day at prices ranging from $131.27 to $131.41. The detailed breakdown of executed sales will be furnished upon request.
- [F5]The restricted stock units vest in three equal installments on May 18, 2018, May 18, 2019, and May 18, 2020. Vested Shares will be delivered to the reporting person on vest date.