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