Kimberley E. Honeysett - Dec 10, 2023 Form 4 Insider Report for Varex Imaging Corp (VREX)

Signature
/s/ Kimberley E. Honeysett
Stock symbol
VREX
Transactions as of
Dec 10, 2023
Transactions value $
-$44,263
Form type
4
Date filed
12/12/2023, 05:54 PM
Previous filing
Nov 27, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VREX Common Stock Options Exercise +5.11K 5.11K Dec 10, 2023 Direct F1, F2
transaction VREX Common Stock Tax liability -$44.3K -2.25K -44.01% $19.69 2.86K Dec 10, 2023 Direct F3
holding VREX Common Stock 195 Dec 10, 2023 By Trust

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 +17.1K $0.00 17.1K Dec 10, 2023 Common Stock 17.1K Direct F2, F4
transaction VREX Restricted Stock Units Options Exercise $0 -5.11K -50% $0.00 5.11K Dec 10, 2023 Common Stock 5.11K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 10, 2021, the Reporting Person was granted 10,216 Restricted Stock Units, 50% of which vested on December 10, 2023 and 50% of which vest on December 10, 2025.
F2 Each Restricted Stock Unit converts into common stock on a one-for-one basis.
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, 2023 vest 50% on December 10, 2025 and 50% on December 10, 2027. Vested shares will be delivered to the reporting person upon vest date.
F5 These Restricted Stock Units granted on December 10, 2021 vest 50% on December 10, 2023 and 50% on December 10, 2025. Vested shares will be delivered to the reporting person upon vest date.