PHAIR JOSEPH B 4

4 · VARIAN MEDICAL SYSTEMS INC · Filed Nov 21, 2005

Form 4

Period: 2005-11-17

VP Admin, Gen Counsel, Secty

Transactions

Tax Payment
Common Stock
2005-11-17$49.88/sh−17,029$849,407→ 112,134 total
Exercise/Conversion
Common Stock
2005-11-17$13.95/sh+10,000$139,531→ 122,134 total
Sale
Common Stock
2005-11-18$50.50/sh−10,000$505,000→ 112,134 total
Exercise/Conversion
Common Stock
2005-11-17+37,224→ 129,163 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-11-18−10,000→ 210,000 total
Exercise: $13.95Exp: 2010-11-17→ Common Stock (10,000 underlying)
Sale
Common Stock
2005-11-17$50.00/sh−10,000$500,000→ 112,134 total
Exercise/Conversion
Performance Shares
2005-11-17−37,224→ 0 total
Exercise: $0.00→ Common Stock (37,224 underlying)
Exercise/Conversion
Common Stock
2005-11-18$13.95/sh+10,000$139,531→ 122,134 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-11-17−10,000→ 230,000 total
Exercise: $13.95Exp: 2010-11-17→ Common Stock (10,000 underlying)

Holdings

Footnotes (2)

[F1]Stock option granted under the Varian Medical Systems, Inc. Omnibus Stock Plan, which complies with Rule 16b-3. The option vests as follows: one third on 11/17/01, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.
[F2]Performance Shares granted under the Varian Medical Systems, Inc. Omnibus Stock Plan, which complies with Rule 16b-3. The performance shares vest 100% five years from the grant date of 11/17/00.

Documents

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