Karen L. Aranki - 15 Aug 2024 Form 4 Insider Report for Varex Imaging Corp (VREX)

Role
Chief Human Resources Officer
Signature
/s/ Karen L. Aranki
Issuer symbol
VREX
Transactions as of
15 Aug 2024
Net transactions value
$0
Form type
4
Filing time
05 Sep 2024, 17:12:14 UTC
Previous filing
13 Feb 2024
Next filing
12 Dec 2024
SEC
View on sec.gov

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 +7,949 $0.000000 7,949 15 Aug 2024 Common Stock 7,949 Direct F1, F2, F3
transaction VREX Non-Qualified Stock Option (right to buy) Award $0 +17,094 $0.000000 17,094 15 Aug 2024 Common Stock 17,094 $13.84 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit converts into common stock on a one-for-one basis.
F2 This Form 4 is being filed late due to an inadvertent administrative error.
F3 These Restricted Stock Units granted on August 15, 2024 vest 50% on August 15, 2026 and 50% on August 15, 2028. Vested shares will be delivered to the reporting person upon vest date.
F4 These Performance Stock Options are subject to a four-year vesting schedule. 25% of the total number of options vest on August 15, 2025 and the remaining options vest monthly thereafter on a pro rata basis.