BUTEL JEAN LUC 4
4 · VARIAN MEDICAL SYSTEMS INC · Filed Mar 4, 2020
Insider Transaction Report
Form 4
BUTEL JEAN LUC
Director
Transactions
- Exercise/Conversion
Common Stock
2020-03-02+1,871→ 3,751 total - Tax Payment
Common Stock
2020-03-02$126.55/sh−561$70,995→ 3,190 total - Exercise/Conversion
Deferred Stock Units
2020-03-02−1,871→ 0 total→ Common Stock (1,871 underlying)
Footnotes (4)
- [F1]Each deferred stock unit represents the right to receive one share of VAR stock.
- [F2]Represents shares withheld from settlement of deferred stock units for the payment of federal taxes due on settlement.
- [F3]The Deferred Stock Units vest in four equal quarterly installments over a 12 month period beginning March 1, 2017. Vested shares will be delivered to the reporting person on the earlier of three years from the grant date, termination/retirement date, or a change in control.
- [F4]The Deferred Stock Units vest in four equal quarterly installments over a 12 month period beginning March 1, 2017. Vested shares will be delivered to the reporting person on the earlier of three years from the grant date, termination/retirement date, or a change in control.