4//SEC Filing
WILSON DOW R 4
Accession 0001127602-21-013922
CIK 0000203527other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 7:58 PM ET
Size
22.3 KB
Accession
0001127602-21-013922
Insider Transaction Report
Form 4
WILSON DOW R
EVP and Pres. Oncology Sys.
Transactions
- Disposition to Issuer
Performance Shares
2021-04-15−23,577→ 0 total→ Common Stock (23,577 underlying) - Disposition to Issuer
Performance Stock Option
2021-04-15$131.58/sh−130,095$17,117,900→ 0 totalExercise: $45.92→ Common Stock (130,095 underlying) - Disposition to Issuer
Performance Shares
2021-04-15−20,763→ 0 total→ Common Stock (20,763 underlying) - Disposition to Issuer
Restricted Stock Units
2021-04-15−21,613→ 0 total→ Common Stock (21,613 underlying) - Gift
Common Stock
2021-02-08−15,460→ 42,485 total - Disposition to Issuer
Common Stock
2021-04-15−39,231→ 0 total - Disposition to Issuer
Performance Stock Option
2021-04-15$118.76/sh−163,361$19,400,752→ 0 totalExercise: $58.74→ Common Stock (163,361 underlying) - Gift
Common Stock
2020-11-05−46,700→ 35,864 total - Gift
Common Stock
2021-02-22−3,398→ 39,087 total
Footnotes (10)
- [F1]Amount of securities beneficially owned at end of reporting period reflect 144 shares purchased on April 8, 2021 under the Varian Medical Systems, Inc. Employee Stock Purchase Plan.
- [F10]Pursuant to the Merger Agreement, these restricted stock units, which provided for vesting in three equal annual installments beginning November 15, 2021, were cancelled in exchange for a cash award equal to $177.50 per unvested share of underlying common stock that will vest and pay out according to the same schedule.
- [F2]Disposed of pursuant to merger agreement (the "Merger Agreement") between issuer and Siemens Healthineers I GmbH and certain other parties in exchange for a cash payment of $177.50 per share of common stock.
- [F3]Each performance stock unit represents a contingent right to receive one share of VAR common stock.
- [F4]Pursuant to the Merger Agreement, these performance stock units, which were granted November 16, 2018, were cancelled in exchange for a cash payment of $177.50 per share of underlying common stock and applicable performance conditions were deemed to be achieved at the target performance level.
- [F5]Pursuant to the Merger Agreement, performance stock units, which were granted November 22, 2019, were cancelled in exchange for a cash payment of $177.50 per share of underlying common stock and applicable performance conditions were deemed to be achieved at the target performance level.
- [F6]Each performance stock option represents a contingent right to purchase one share of VAR common stock at the derivative security price.
- [F7]Pursuant to the Merger Agreement, these performance stock options, which were granted November 16, 2018, were cancelled in exchange for a cash payment representing the difference between $177.50 and the exercise price of each share of underlying common stock and applicable performance conditions were deemed to be achieved at the target performance level.
- [F8]Pursuant to the Merger Agreement, these performance stock options, which were granted November 22, 2019, were cancelled in exchange for a cash payment representing the difference between $177.50 and the exercise price of each share of underlying common stock and applicable performance conditions were deemed to be achieved at the target performance level.
- [F9]Each restricted stock unit represents a contingent right to receive one share of VAR common stock.
Documents
Issuer
VARIAN MEDICAL SYSTEMS INC
CIK 0000203527
Entity typeother
Related Parties
1- filerCIK 0001313996
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 7:58 PM ET
- Size
- 22.3 KB