Varex Imaging Corp — Director's Dealing 2019

Feb 21, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Varex Imaging Corp (VREX)
CIK: 0001681622
Period of Report: 2019-02-15

Reporting Person: Giambattista Brian W (SVP and GM, X-ray Detectors)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-15	Common Stock	M	1202	—	Acquired	1202	Direct
2019-02-15	Common Stock	F	492	$31.42	Disposed	710	Direct
2019-02-19	Common Stock	S	710	$31.53	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-15	Restricted Stock Units	$	M	1202	Disposed		Common Stock (1202.0)	Direct
2019-02-15	Restricted Stock Units	$	A	5680	Acquired		Common Stock (5680.0)	Direct
2019-02-15	Non-Qualified Stock Option (right to buy)	$31.42	A	17516	Acquired	2026-02-15	Common Stock (17516.0)	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: The sales reported in this Form 4 were effected pursuant to a 10b5-1 plan adopted by the reporting person on May 31, 2018. These shares were sold at prices ranging from $31.48 to $31.69

F4: 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.

F5: 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.

F6: 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.