Brian W. Giambattista - Feb 15, 2023 Form 4 Insider Report for Varex Imaging Corp (VREX)

Role
SVP and GM, X-ray Detectors
Signature
/s/ Brian W Giambattista
Stock symbol
VREX
Transactions as of
Feb 15, 2023
Transactions value $
-$53,656
Form type
4
Date filed
2/17/2023, 04:13 PM
Previous filing
Feb 17, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VREX Common Stock Options Exercise +1.42K +20.51% 8.34K Feb 15, 2023 Direct F1
transaction VREX Common Stock Options Exercise +5.76K +69.06% 14.1K Feb 15, 2023 Direct F1
transaction VREX Common Stock Tax liability -$53.7K -2.85K -20.22% $18.82 11.3K Feb 15, 2023 Direct F2

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 Options Exercise $0 -1.42K -100% $0.00* 0 Feb 15, 2023 Common Stock 1.42K Direct F1, F3
transaction VREX Restricted Stock Units Options Exercise $0 -5.76K -50% $0.00 5.76K Feb 15, 2023 Common Stock 5.76K Direct F1, 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 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.
F3 The Restricted Stock Units granted on February 15, 2019 vest 25% each year for four years beginning on February 15, 2020. Vested shares will be delivered to the reporting person upon vest date.
F4 These Restricted Stock Units granted on February 16, 2021 vest 50% on February 15, 2023 and 50% on February 15, 2025. Vested shares will be delivered to the reporting person upon vest date.