Andrew Hartmann - 10 Dec 2023 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 2023
Net transactions value
-$38,573
Form type
4
Filing time
12 Dec 2023, 17:54:20 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 +4,664 +31% 19,641 10 Dec 2023 Direct F1, F2
transaction VREX Common Stock Tax liability $38,573 -1,959 -10% $19.69 17,682 10 Dec 2023 Direct F3

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 +15,871 +100% $0.000000 31,742 10 Dec 2023 Common Stock 15,871 Direct F2, F4
transaction VREX Restricted Stock Units Options Exercise $0 -4,664 -50% $0.000000 4,664 10 Dec 2023 Common Stock 4,664 Direct F2, F5
* 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 9,328 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 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.
F4 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.
F5 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.