Rosebrough Walter M Jr 4
4 · Varex Imaging Corp · Filed Feb 16, 2021
Insider Transaction Report
Form 4
Rosebrough Walter M Jr
Director
Transactions
- Exercise/Conversion
Common Stock
2021-02-11+3,603→ 17,603 total - Award
Deferred Stock Units
2021-02-11+6,881→ 6,881 total→ Common Stock (6,881 underlying) - Exercise/Conversion
Deferred Stock Units
2021-02-11−3,603→ 0 total→ Common Stock (3,603 underlying)
Footnotes (4)
- [F1]Each Deferred Stock Unit converts into common stock on a one-for-one basis.
- [F2]14,000 of these Common Shares are held by the Reporting Person as Trustee of a revocable trust established for his benefit.
- [F3]These Deferred Stock Units vest 100% on the earlier of (i) the one-year anniversary of the date of the grant and (ii) the date of the first annual meeting following the date of grant. Vested shares will be delivered to the reporting person upon the earlier of (i) 2024 Annual Meeting (ii) a change in control or (iii) the reporting person's termination of service for any reason.
- [F4]These Deferred Stock Units vested on February 15, 2019. Pursuant to the terms of the applicable grant agreement, delivery of the vested Deferred Stock Units, in the form of common stock, was made on February 15, 2021.