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Varex Imaging Corp Director's Dealing 2017

Feb 10, 2017

32856_dirs_2017-02-09_b3b371ee-ccb6-4b54-b012-ce4cac902ee2.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: Varex Imaging Corp (VREX)
CIK: 0001681622
Period of Report: 2017-01-28

Reporting Person: NAUMANN-ETIENNE RUEDIGER (N/A)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-01-28 Deferred Stock Units $ A 5764 Acquired 2018-02-21 Common Stock (5764) Direct
2017-01-28 Deferred Stock Units $ A 5207 Acquired 2019-02-13 Common Stock (5207) Direct
2017-01-28 Deferred Stock Units $ A 6358 Acquired 2020-02-12 Common Stock (6358) Direct

Footnotes

F1: In connection with the spin-off of the Issuer from Varian Medical Systems Inc. ("Varian") on January 28, 2017 (the "spin-off"), each outstanding deferred stock unit ("DSU") award held by the reporting person was converted into a DSU award denominated in shares of the Issuer's common stock. The number of shares underlying the DSU award was adjusted (based in part on the simple average of the closing per-share price of Issuer's common stock trading on the Nasdaq Global Select Market during each of the first five full trading sessions following the Spin-off) in a manner intended to preserve the aggregate intrinsic value of the original Varian DSU award. This amendment is being filed to disclose the number of shares of the Issuer's common stock underlying this DSU. Each DSU represents a contingent right to receive one share of the Issuer's underlying common stock.

F2: These DSUs were fully vested on February 21, 2015. Vested shares will be delivered the earlier of three (3) years from February 21, 2014 or termination date.

F3: These DSUs were fully vested on February 13, 2016. Vested shares will be delivered the earlier of three (3) years from February 13, 2015 or termination date.

F4: These DSUs vest one year in four (4) equal quarterly installments over a 12 month period beginning February 12, 2016. Vested shares will be delivered the earlier of three (3) years from February 12, 2016 or termination date.