Mark S. Jonaitis - Dec 10, 2023 Form 4 Insider Report for Varex Imaging Corp (VREX)

Role
SVP and GM, X-Ray Sources
Signature
/s/ Mark S. Jonaitis
Stock symbol
VREX
Transactions as of
Dec 10, 2023
Transactions value $
-$40,424
Form type
4
Date filed
12/12/2023, 05:55 PM
Previous filing
Feb 17, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VREX Common Stock Options Exercise +4.66K +8.45% 59.9K Dec 10, 2023 Direct F1, F2, F3
transaction VREX Common Stock Tax liability -$40.4K -2.05K -3.43% $19.69 57.8K Dec 10, 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 +15.9K +100% $0.00 31.7K Dec 10, 2023 Common Stock 15.9K Direct F2, F5
transaction VREX Restricted Stock Units Options Exercise $0 -4.66K -50% $0.00 4.66K Dec 10, 2023 Common Stock 4.66K 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 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 Amount of securities beneficially owned at end of reporting period reflect 1,173 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 vest 50% on December 10, 2023 and 50% on December 10, 2025. Vested shares will be delivered to the reporting person upon vest date.