Balser Jeffrey R. 4
4 · VARIAN MEDICAL SYSTEMS INC · Filed Apr 16, 2021
Insider Transaction Report
Form 4
Balser Jeffrey R.
Director
Transactions
- Disposition to Issuer
Common Stock
2021-04-15−2,824→ 0 total - Disposition to Issuer
Restricted Stock Units
2021-04-15−1,022→ 0 total→ Common Stock (1,022 underlying)
Footnotes (3)
- [F1]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.
- [F2]Each restricted stock unit represents a contingent right to receive one share of VAR common stock.
- [F3]Pursuant to the Merger Agreement, these restricted stock units, which provided for vesting on the earlier of February 15, 2022, or the next Annual Meeting of Stockholders that occurs after the Grant Date, were cancelled in exchange for a cash payment of $177.50 per unvested share of underlying common stock.