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

Role
President and CEO, Director
Signature
/s/ Sunny S. Sanyal
Stock symbol
VREX
Transactions as of
Dec 10, 2024
Transactions value $
-$273,898
Form type
4
Date filed
12/12/2024, 04:41 PM
Previous filing
Feb 20, 2024
Next filing
Dec 18, 2024
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 +40.4K +25.63% 198K Dec 10, 2024 Direct F1, F2
transaction VREX Common Stock Tax liability -$274K -17.7K -8.96% $15.45 180K Dec 10, 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 +86.2K $0.00 86.2K Dec 10, 2024 Common Stock 86.2K Direct F1, F4
transaction VREX Restricted Stock Units Options Exercise $0 -40.4K -50% $0.00 40.4K Dec 10, 2024 Common Stock 40.4K 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.