0001214659-17-000913.txt : 20170209 0001214659-17-000913.hdr.sgml : 20170209 20170209210137 ACCESSION NUMBER: 0001214659-17-000913 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170128 FILED AS OF DATE: 20170209 DATE AS OF CHANGE: 20170209 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Varex Imaging Corp CENTRAL INDEX KEY: 0001681622 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 813434516 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 BUSINESS ADDRESS: STREET 1: 1678 S. PIONEER ROAD CITY: SALT LAKE CITY STATE: UT ZIP: 84104 BUSINESS PHONE: 800-432-4422 MAIL ADDRESS: STREET 1: 1678 S. PIONEER ROAD CITY: SALT LAKE CITY STATE: UT ZIP: 84104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SANYAL SUNNY CENTRAL INDEX KEY: 0001599398 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-37860 FILM NUMBER: 17589287 MAIL ADDRESS: STREET 1: VARIAN MEDICAL SYSTEMS INC STREET 2: 3100 HANSEN WAY MAIL STOP E327 CITY: PALO ALTO STATE: CA ZIP: 95035 4/A 1 marketforms-37813.xml PRIMARY DOCUMENT X0306 4/A 2017-01-28 2017-01-31 0001681622 Varex Imaging Corp VREX 0001599398 SANYAL SUNNY C/O VAREX IMAGING CORP. 1678 S. PIONEER ROAD SALT LAKE CITY UT 84104 true true false false President and CEO Non-Qualified Stock Option (right to buy) 27.77 2017-01-28 4 A false 161330 0 A 2021-02-21 Common Stock 161330 161330 D Non-Qualified Stock Option (right to buy) 30.74 2017-01-28 4 A false 70503 0 A 2022-02-13 Common Stock 70503 70503 D Non-Qualified Stock Option (right to buy) 25.17 2017-01-28 4 A false 80280 0 A 2023-02-12 Common Stock 80280 80280 D Restricted Stock Units 2017-01-28 4 A false 5825 0 A 2018-02-15 Common Stock 5825 23492 D Restricted Stock Units 2017-01-28 4 A false 9400 0 A 2019-02-15 Common Stock 9400 23492 D Restricted Stock Units 2017-01-28 4 A false 8267 0 A 2020-02-15 Common Stock 8267 23492 D In connection with the spin-off of the Issuer from Varian Medical Systems Inc. ("Varian") on January 28, 2017 (the "Spin-off"), each outstanding Varian stock option award held by the reporting person was converted into an award of options to purchase shares of the Issuer's common stock. The number of shares underlying the option award, and the exercise price thereof, was adjusted (based in part on the simple average of the closing per-share price of Issuer's common stock trading on the Nasdaq Global Select Market during each of the first five full trading sessions following the Spin-off) in a manner intended to preserve the aggregate intrinsic value of the original Varian option award. This amendment is being filed to disclose the exercise price and number of underlying shares that have been determined in respect of each grant. Option is subject to a three year vesting schedule, 1/3 of the total number of shares vested in one year from February 21, 2014 and the remaining vests monthly thereafter. Option is subject to a three year vesting schedule, 1/3 of the total number of shares vested in one year from February 13, 2015 and the remaining vests monthly thereafter. Option is subject to a three year vesting schedule, 1/3 of the total number of shares vests in one year from February 12, 2016 and the remaining vests monthly thereafter. In connection with the spin-off, each outstanding restricted stock unit ("RSU") award held by the reporting person was converted into a RSU award denominated in shares of the Issuer's common stock. The number of shares underlying the RSU award was adjusted (based in part on the simple average of the closing per-share price of Issuer's common stock trading on the Nasdaq Global Select Market during each of the first five full trading sessions following the Spin-off) in a manner intended to preserve the aggregate intrinsic value of the original Varian RSU award. This amendment is being filed to disclose the number of shares of the Issuer's common stock underlying this RSU. Each RSU represents a contingent right to receive one share of the Issuer's underlying common stock. These RSUs vest February 15, 2017. Vested shares will be delivered to the reporting person upon vest date. These RSUs vest in two equal annual installments beginning on February 15, 2017. Vested shares will be delivered to the reporting person upon vest date. These RSUs vest in three equal annual installments beginning on February 15, 2017. Vested shares will be delivered to the reporting person upon vest date. /s/ Kimberley E. Honeysett, Attorney-in-fact 2017-02-09