Andrew Hartmann - 10 Dec 2021 Form 4 Insider Report for Varex Imaging Corp (VREX)

Role
SVP Sales & Marketing, Medical
Signature
/s/ Andrew Hartmann
Issuer symbol
VREX
Transactions as of
10 Dec 2021
Net transactions value
$0
Form type
4
Filing time
14 Dec 2021, 17:45:04 UTC
Previous filing
18 Aug 2021
Next filing
17 Feb 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VREX Non-Qualified Stock Option (right to buy) Award $0 +21,748 $0.000000 21,748 10 Dec 2021 Common Stock 21,748 $30.95 Direct F1
transaction VREX Restricted Stock Units Award $0 +9,328 $0.000000 9,328 10 Dec 2021 Common Stock 9,328 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Performance Stock Options are subject to a four-year vesting schedule. 25% of the total number of options vest one year from grant date, and the remaining options vest monthly thereafter on a pro rata basis.
F2 Each Restricted Stock Unit converts into common stock on a one-for-one basis.
F3 These Restricted Stock Units granted on December 10, 2021 vest 50% on December 10, 2023 and 50% on December 10, 2025. Vested shares will be delivered to the reporting person upon vest date.