Ruediger Naumann - Feb 10, 2022 Form 4 Insider Report for Varex Imaging Corp (VREX)

Role
Director
Signature
/s/ Kimberley Honeysett attorney-in-fact
Stock symbol
VREX
Transactions as of
Feb 10, 2022
Transactions value $
$0
Form type
4
Date filed
2/14/2022, 06:17 PM
Next filing
Jun 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VREX Common Shares Options Exercise +7.01K +28.53% 31.6K Feb 14, 2022 Direct F1

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 Deferred Stock Units Award $0 +9.04K $0.00 9.04K Feb 10, 2022 Common Stock 9.04K Direct F1, F2
transaction VREX Deferred Stock Units Options Exercise $0 -7.01K -100% $0.00* 0 Feb 14, 2022 Common Shares 7.01K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Deferred Stock Unit converts into common stock on a one-for-one basis.
F2 These Deferred Stock Units vest 100% on the earlier of (i) the one-year anniversary of the date of the grant and (ii) the date of the first annual meeting following the date of grant. Vested shares will be delivered to the reporting person upon the earlier of (i) 2025 Annual Meeting (ii) a change in control or (iii) the reporting person's termination of service for any reason.
F3 These Deferred Stock Units vested on February 14, 2020. Pursuant to the terms of the applicable grant agreement, delivery of the vested Deferred Stock Units, in the form of common stock, was made on February 14, 2022.