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: Honeysett Kimberley E. (SVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-15	Common Stock	M	1105	—	Acquired	2158	Direct
2019-02-15	Common Stock	M	1307	—	Acquired	3465	Direct
2019-02-15	Common Stock	M	1104	—	Acquired	4569	Direct
2019-02-15	Common Stock	F	1692	$31.42	Disposed	2877	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-15	Restricted Stock Units	$	M	1105	Disposed		Common Stock (1105.0)	Direct
2019-02-15	Restricted Stock Units	$	M	1307	Disposed		Common Stock (1307.0)	Direct
2019-02-15	Restricted Stock Units	$	M	1104	Disposed		Common Stock (1104.0)	Direct
2019-02-15	Restricted Stock Units	$	A	5587	Acquired		Common Stock (5587.0)	Direct
2019-02-15	Non-Qualified Stock Option (right to buy)	$31.42	A	17229	Acquired	2026-02-15	Common Stock (17229.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	195	Indirect

Footnotes

F1: Each Restricted Stock Unit converts into common stock on a one-for-one basis.

F2: Includes 137 shares acquired under the Varex Imaging Corporation 2017 Employee Stock Purchase Plan.

F3: 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.

F4: These Restricted Stock Units vest in three equal annual installments with the first vesting date being February 15, 2017. Vested shares will be delivered to the reporting person upon vest date.

F5: These Restricted Stock Units vest 25% each year for four years with the first vesting date being February 15, 2018. Vested shares will be delivered to the reporting person upon vest date.

F6: 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.

F7: 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.

F8: 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.