Sunny Sanyal - 28 Dec 2021 Form 4 Insider Report for Varex Imaging Corp (VREX)

Signature
/s/ Sunny Sanyal
Issuer symbol
VREX
Transactions as of
28 Dec 2021
Net transactions value
-$87,100
Form type
4
Filing time
30 Dec 2021, 16:19:56 UTC
Previous filing
27 Dec 2021
Next filing
17 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VREX Common Stock Options Exercise $936,740 +30,473 +41% $30.74 104,099 28 Dec 2021 Direct
transaction VREX Common Stock Sale $975,441 -30,473 -29% $32.01 73,626 28 Dec 2021 Direct F1
transaction VREX Common Stock Options Exercise $966,097 +31,428 +43% $30.74 105,054 29 Dec 2021 Direct
transaction VREX Common Stock Sale $1,014,496 -31,428 -30% $32.28 73,626 29 Dec 2021 Direct F2

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) Options Exercise $0 -30,473 -49% $0.000000 31,428 28 Dec 2021 Common Stock 30,473 $30.74 Direct F3
transaction VREX Non-Qualified Stock Option (right to buy) Options Exercise $0 -31,428 -100% $0.000000* 0 29 Dec 2021 Common Stock 31,428 $30.74 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on March 16, 2021. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.13. 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.
F2 The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on March 16, 2021. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.02 to $32.43. 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.
F3 The non-qualified stock options were subject to a three-year vesting period. One third vested on February 13, 2016, and the remaining two-thirds vested on a pro-rata basis monthly thereafter.