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

Role
Chief Human Resources Officer
Signature
/s/ Karen L. Aranki
Stock symbol
VREX
Transactions as of
Aug 15, 2024
Transactions value $
$0
Form type
4
Date filed
9/5/2024, 05:12 PM
Previous filing
Feb 13, 2024
Next filing
Dec 12, 2024

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 +7.95K $0.00 7.95K Aug 15, 2024 Common Stock 7.95K Direct F1, F2, F3
transaction VREX Non-Qualified Stock Option (right to buy) Award $0 +17.1K $0.00 17.1K Aug 15, 2024 Common Stock 17.1K $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.