Varex Imaging Corp — Director's Dealing 2017

Feb 18, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Varex Imaging Corp (VREX)
CIK: 0001681622
Period of Report: 2017-02-15

Reporting Person: VERHOEF CLARENCE R (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-15	Common Stock	M	1601	—	Acquired	1601	Direct
2017-02-15	Common Stock	M	1809	—	Acquired	3410	Direct
2017-02-15	Common Stock	M	2870	—	Acquired	6280	Direct
2017-02-15	Common Stock	F	2162	$29.93	Disposed	4118	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-15	Restricted Stock Units	$	M	1601	Disposed		Common Stock (1601)	Direct
2017-02-15	Restricted Stock Units	$	M	1809	Disposed		Common Stock (1809)	Direct
2017-02-15	Restricted Stock Units	$	M	2870	Disposed		Common Stock (1601)	Direct
2017-02-16	Restricted Stock Units	$	A	9653	Acquired		Common Stock (9653)	Direct
2017-02-16	Non-Qualified Stock Option (right to buy)	$31.08	A	102197	Acquired	2024-02-16	Common Stock (102197)	Direct
2017-02-16	Non-Qualified Stock Option (right to buy)	$31.08	A	13668	Acquired	2024-02-16	Common Stock (13668)	Direct
2017-02-16	Non-Qualified Stock Option (right to buy)	$31.08	A	4206	Acquired	2024-02-16	Common Stock (4206)	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 equal annual 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.

F8: This Non-Qualified Stock Option is subject to a two-year cliff from February 15, 2017.

F9: This Non-Qualified Stock Option is subject to an one-year cliff from February 15, 2017.