Sunny Sanyal - 10 Dec 2024 Form 4 Insider Report for Varex Imaging Corp (VREX)

Signature
/s/ Sunny S. Sanyal
Issuer symbol
VREX
Transactions as of
10 Dec 2024
Net transactions value
-$273,898
Form type
4
Filing time
12 Dec 2024, 16:41:39 UTC
Previous filing
20 Feb 2024
Next filing
18 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VREX Common Stock Options Exercise +40,382 +26% 197,962 10 Dec 2024 Direct F1, F2
transaction VREX Common Stock Tax liability $273,898 -17,728 -9% $15.45 180,234 10 Dec 2024 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 +86,181 $0.000000 86,181 10 Dec 2024 Common Stock 86,181 Direct F1, F4
transaction VREX Restricted Stock Units Options Exercise $0 -40,382 -50% $0.000000 40,383 10 Dec 2024 Common Stock 40,382 Direct F1, F5
* 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 Includes 1,276 shares purchased under the Varex Imaging Corporation 2017 Employee Stock Purchase Plan since the last Form 4 filing of the reporting person.
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, 2024 vest 50% on December 10, 2026 and 50% on December 10, 2028. Vested shares will be delivered to the reporting person upon vest date.
F5 These Restricted Stock Units granted on December 9, 2022 vest 50% on December 10, 2024 and 50% on December 10, 2026. Vested shares will be delivered to the reporting person upon vest date.