Mark S. Jonaitis - Dec 16, 2024 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 16, 2024
Transactions value $: $0
Form type: 4
Date filed: 12/18/2024, 07:41 PM
Previous 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	Performance Stock Units	Award	$0	+1.61K		$0.00	1.61K	Dec 16, 2024	Common Stock	1.61K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each PSU represents a contingent right to receive one share of Varex Imaging common stock, subject to the achievement of applicable performance criteria.
F2	On December 10, 2023, the Reporting Person was granted PSUs, the vesting of which is subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria. Following the completion of Fiscal Year 2026, the Compensation Committee will certify and approve the total number of PSUs that were earned, and such PSUs will vest subject to the Reporting Person being employed through the vesting date.

Content

Each PSU represents a contingent right to receive one share of Varex Imaging common stock, subject to the achievement of applicable performance criteria.

On December 10, 2023, the Reporting Person was granted PSUs, the vesting of which is subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria. Following the completion of Fiscal Year 2026, the Compensation Committee will certify and approve the total number of PSUs that were earned, and such PSUs will vest subject to the Reporting Person being employed through the vesting date.