VERHOEF CLARENCE R 4
4 · Varex Imaging Corp · Filed Feb 20, 2019
Insider Transaction Report
Form 4
VERHOEF CLARENCE R
SVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2019-02-15+2,413→ 21,357 total - Tax Payment
Common Stock
2019-02-15$31.42/sh−2,127$66,830→ 21,050 total - Exercise/Conversion
Restricted Stock Units
2019-02-15−1,820→ 5,460 total→ Common Stock (1,820 underlying) - Award
Restricted Stock Units
2019-02-15+8,596→ 8,596 total→ Common Stock (8,596 underlying) - Exercise/Conversion
Common Stock
2019-02-15+2,871→ 18,944 total - Exercise/Conversion
Common Stock
2019-02-15+1,820→ 23,177 total - Exercise/Conversion
Restricted Stock Units
2019-02-15−2,871→ 0 total→ Common Stock (2,871 underlying) - Exercise/Conversion
Restricted Stock Units
2019-02-15−2,413→ 4,827 total→ Common Stock (2,413 underlying) - Award
Non-Qualified Stock Option (right to buy)
2019-02-15+26,507→ 26,507 totalExercise: $31.42Exp: 2026-02-15→ Common Stock (26,507 underlying)
Footnotes (8)
- [F1]Each Restricted Stock Unit converts into common stock on a one-for-one basis.
- [F2]Includes 148 shares acquired under the Varex Imaging Corporation 2017 Employee Stock Purchase Plan.
- [F3]These shares represent shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the Restricted Stock Units reported herein.
- [F4]These Restricted Stock Units vest in three equal annual installments with the first vesting date being February 15, 2017. Vested shares will be delivered to the reporting person upon vest date.
- [F5]These Restricted Stock Units vest 25% each year for four years with the first vesting date being February 15, 2018. Vested shares will be delivered to the reporting person upon vest date.
- [F6]The Restricted Stock Units granted on February 15, 2018 vest 25% each year for four years beginning on February 15, 2019. Vested shares will be delivered to the reporting person upon vest date.
- [F7]The Restricted Stock Units granted on February 15, 2019 vest 25% each year for four years beginning on February 15, 2020. Vested shares will be delivered to the reporting person upon vest date.
- [F8]This Non-Qualified Stock Option is subject to a four-year vesting schedule. 25% of the total number of options vests one year from grant date, and the remaining options vests monthly thereafter on a pro rata basis.