Sunny Sanyal - 10 Dec 2023 Form 4 Insider Report for Varex Imaging Corp (VREX)

Role
President and CEO, Director
Signature
/s/ Sunny Sanyal
Issuer symbol
VREX
Transactions as of
10 Dec 2023
Net transactions value
-$230,905
Form type
4
Filing time
12 Dec 2023, 17:54:04 UTC
Previous filing
17 Feb 2023
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VREX Common Stock Options Exercise +26,652 +21% 151,328 10 Dec 2023 Direct F1, F2, F3
transaction VREX Common Stock Tax liability $230,905 -11,727 -7.7% $19.69 139,601 10 Dec 2023 Direct F4

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 Restricted Stock Units Award $0 +95,226 $0.000000 95,226 10 Dec 2023 Common Stock 95,226 Direct F2, F5
transaction VREX Restricted Stock Units Options Exercise $0 -26,652 -50% $0.000000 26,652 10 Dec 2023 Common Stock 26,652 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 10, 2021, the Reporting Person was granted 53,304 Restricted Stock Units, 50% of which vested on December 10, 2023 and 50% of which vest on December 10, 2025.
F2 Each Restricted Stock Unit converts into common stock on a one-for-one basis.
F3 Amount of securities beneficially owned at end of reporting period reflect 1,388 shares purchased under the Varex Imaging Corporation 2017 Employee Stock Purchase Plan.
F4 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.
F5 These Restricted Stock Units granted on December 10, 2023 vest 50% on December 10, 2025 and 50% on December 10, 2027. Vested shares will be delivered to the reporting person upon vest date.
F6 These Restricted Stock Units granted on December 10, 2021 vested 50% on December 10, 2023 and 50% on December 10, 2025. Vested shares will be delivered to the reporting person upon vest date.