Varex Imaging Corp — Director's Dealing 2020

Feb 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Varex Imaging Corp (VREX)
CIK: 0001681622
Period of Report: 2020-02-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-14	Common Stock	M	1203	—	Acquired	1203	Direct
2020-02-14	Common Stock	M	1420	—	Acquired	2623	Direct
2020-02-14	Common Stock	F	1070	$25.89	Disposed	1553	Direct
2020-02-18	Common Stock	S	1553	$25.29	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-14	Restricted Stock Units	$	M	1203	Disposed		Common Stock (1203.0)	Direct
2020-02-14	Restricted Stock Units	$	M	1420	Disposed		Common Stock (1420.0)	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 trading plan adopted by the reporting person on June 05, 2019. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.92 to $25.78. The reporting person undertakes to provide Varex Imaging Corporation, any security holder of Varex Imaging Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F4: These 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: These 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.