BUTEL JEAN LUC 4
4 · VARIAN MEDICAL SYSTEMS INC · Filed Feb 17, 2021
Insider Transaction Report
Form 4
BUTEL JEAN LUC
Director
Transactions
- Tax Payment
Common Stock
2021-02-16$176.15/sh−367$64,647→ 4,048 total - Exercise/Conversion
Restricted Stock Units
2021-02-16−1,225→ 0 total→ Common Stock (1,225 underlying) - Exercise/Conversion
Common Stock
2021-02-16+1,225→ 4,415 total
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of VAR common stock.
- [F2]Represents shares withheld from settlement of restricted stock units for the payment of federal taxes due on settlement.
- [F3]The restricted stock units vest on the earlier of February 14, 2021, or the next Annual Meeting of Stockholders that occurs after the Grant Date. Vested shares will be delivered to the reporting person on vest date.