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Varex Imaging Corp — Director's Dealing 2017
Feb 18, 2017
32856_dirs_2017-02-17_19fc7a75-7c9c-4a96-aeea-50b4a2c26e92.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Varex Imaging Corp (VREX)
CIK: 0001681622
Period of Report: 2017-02-15
Reporting Person: Colbeth Richard E. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-15 | Common Stock | M | 1963 | — | Acquired | 1963 | Direct |
| 2017-02-15 | Common Stock | M | 1592 | — | Acquired | 3555 | Direct |
| 2017-02-15 | Common Stock | M | 1767 | — | Acquired | 5322 | Direct |
| 2017-02-15 | Common Stock | F | 2032 | $29.93 | Disposed | 3290 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-15 | Restricted Stock Units | $ | M | 1963 | Disposed | Common Stock (1963) | Direct | |
| 2017-02-15 | Restricted Stock Units | $ | M | 1592 | Disposed | Common Stock (1592) | Direct | |
| 2017-02-15 | Restricted Stock Units | $ | M | 1767 | Disposed | Common Stock (1767) | Direct | |
| 2017-02-16 | Restricted Stock Units | $ | A | 4389 | Acquired | Common Stock (4389) | Direct | |
| 2017-02-16 | Non-Qualified Stock Option (right to buy) | $31.08 | A | 46466 | Acquired | 2024-02-16 | Common Stock (46466) | Direct |
Footnotes
F1: Each Restricted Stock Unit converts into common stock on a one-for-one basis.
F2: 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.
F3: These Restricted Stock Units vest February 15, 2017. Vested shares will be delivered to the reporting person upon vest date.
F4: These Restricted Stock Units vest in two equal annual installments beginning February 15, 2017. Vested shares will be delivered to the reporting person upon vest date.
F5: These Restricted Stock Units vest in three annual equal installments beginning February 15, 2017. Vested shares will be delivered to the reporting person upon vest date.
F6: The Restricted Stock Units granted on February 16, 2017 vest 25% each year for four years beginning on February 15, 2018. Vested shares will be delivered to the reporting person upon vest date.
F7: This Non-Qualified Stock Option is subject to a four-year vesting schedule. 25% of the total number of shares vests one year from grant date, and the remaining 75% vests monthly thereafter.