0001214659-17-000917.txt : 20170209 0001214659-17-000917.hdr.sgml : 20170209 20170209210319 ACCESSION NUMBER: 0001214659-17-000917 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: Colbeth Richard E. CENTRAL INDEX KEY: 0001695289 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-37860 FILM NUMBER: 17589292 MAIL ADDRESS: STREET 1: 1678 S. PIONEER ROAD CITY: SALT LAKE CITY STATE: UT ZIP: 84104 4/A 1 marketforms-37791.xml PRIMARY DOCUMENT X0306 4/A 2017-01-28 2017-01-31 0001681622 Varex Imaging Corp VREX 0001695289 Colbeth Richard E. C/O VAREX IMAGING CORP 1678 S. PIONEER ROAD SALT LAKE CITY UT 84104 false true false false SVP and GM, X-Ray Detectors Non-Qualified Stock Option (right to buy) 27.77 2017-01-28 4 A false 13515 0 A 2021-02-21 Common Stock 13515 13515 D Non-Qualified Stock Option (right to buy) 30.74 2017-01-28 4 A false 11932 0 A 2022-02-13 Common Stock 11932 11932 D Non-Qualified Stock Option (right to buy) 25.17 2017-01-28 4 A false 14703 0 A 2023-02-12 Common Stock 14703 14703 D Restricted Stock Units 2017-01-28 4 A false 1963 0 A 2018-02-15 Common Stock 1963 10447 D Restricted Stock Units 2017-01-28 4 A false 3184 0 A 2019-02-15 Common Stock 3184 10447 D Restricted Stock Units 2017-01-28 4 A false 5300 0 A 2020-02-15 Common Stock 5300 10447 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 vests 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 vests 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