Shubham Maheshwari - 10 Dec 2023 Form 4 Insider Report for Varex Imaging Corp (VREX)

Role
Chief Financial Officer
Signature
/s/ Kimberley Honeysett, attorney-in-fact for Shubham Maheshwari
Issuer symbol
VREX
Transactions as of
10 Dec 2023
Net transactions value
-$34,773
Form type
4
Filing time
12 Dec 2023, 17:54:59 UTC
Previous filing
17 May 2023
Next filing
12 Aug 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 +7,062 +23% 37,546 10 Dec 2023 Direct F1, F2, F3
transaction VREX Common Stock Tax liability $34,773 -1,766 -4.7% $19.69 35,780 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 +27,932 $0.000000 27,932 10 Dec 2023 Common Stock 27,932 Direct F2, F5
transaction VREX Restricted Stock Units Options Exercise $0 -7,062 -50% $0.000000 7,063 10 Dec 2023 Common Stock 7,062 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 14,125 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 share 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 vest 50% on December 10, 2023 and 50% on December 10, 2025. Vested shares will be delivered to the reporting person upon vest date.