Varex Imaging Corp 4/A

Accession 0001214659-17-000912

$VREXCIK 0001681622operating

View on SEC.gov Company Profile

Filed

Feb 8, 7:00 PM ET

Accepted

Feb 9, 9:01 PM ET

Size

14.7 KB

Accession

0001214659-17-000912

Insider Transaction Report

Form 4/AAmended

Period: 2017-01-28

Varex Imaging CorpVREX

REINHARDT ERICH R

Director

Transactions

Award
Non-Qualified Stock Option (right to buy)
2017-01-28+15,074→ 15,074 total
Exercise: $23.24Exp: 2020-02-15→ Common Stock (15,074 underlying)
Award
Deferred Stock Units
2017-01-28+6,358→ 17,329 total
Exp: 2020-02-12→ Common Stock (6,358 underlying)
Award
Deferred Stock Units
2017-01-28+5,207→ 17,329 total
Exp: 2019-02-13→ Common Stock (5,207 underlying)
Award
Deferred Stock Units
2017-01-28+5,764→ 17,329 total
Exp: 2018-02-21→ Common Stock (5,764 underlying)

Footnotes (6)

[F1]In connection with the spin-off of the Issuer from Varian Medical Systems Inc. ("Varian") on January 28, 2017 (the "Spin-off"), each outstanding Varian stock option award held by the reporting person was converted into an award of options to purchase shares of the Issuer's common stock. The number of shares underlying the option award, and the exercise price thereof, was adjusted (based in part on the simple average of the closing per-share price of Issuer's common stock trading on the Nasdaq Global Select Market during each of the first five full trading sessions following the Spin-off) in a manner intended to preserve the aggregate intrinsic value of the original Varian option award. This amendment is being filed to disclose the exercise price and number of underlying shares that have been determined in respect of each grant.
[F2]Option vested 100% immediately on February 15, 2013.
[F3]In connection with the spin-off, each outstanding deferred stock unit ("DSU") award held by the reporting person was converted into a DSU award denominated in shares of the Issuer's common stock. The number of shares underlying the DSU award was adjusted (based in part on the simple average of the closing per-share price of Issuer's common stock trading on the Nasdaq Global Select Market during each of the first five full trading sessions following the Spin-off) in a manner intended to preserve the aggregate intrinsic value of the original Varian DSU award. This amendment is being filed to disclose the number of shares of the Issuer's common stock underlying this DSU. Each DSU represents a contingent right to receive one share of the Issuer's underlying common stock.
[F4]These DSUs were fully vested on February 21, 2015. Vested shares will be delivered the earlier of three (3) years from February 21, 2014 or termination date.
[F5]These DSUs were fully vested on February 13, 2016. Vested shares will be delivered the earlier of three (3) years from February 13, 2015 or termination date.
[F6]These DSUs vest one year in four (4) equal quarterly installments over a 12 month period beginning February 12, 2016. Vested shares will be delivered the earlier of three (3) years from February 12, 2016 or termination date.

Documents

1 file

4
marketforms-37815.xml
PRIMARY DOCUMENT

Issuer

Varex Imaging Corp

CIK 0001681622

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0001681622

Filing Metadata

Form type: 4/A
Filed: Feb 8, 7:00 PM ET
Accepted: Feb 9, 9:01 PM ET
Size: 14.7 KB

View on SEC.gov