0001127602-21-013912.txt : 20210416
0001127602-21-013912.hdr.sgml : 20210416
20210416195047
ACCESSION NUMBER: 0001127602-21-013912
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210415
FILED AS OF DATE: 20210416
DATE AS OF CHANGE: 20210416
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: O'Reilly Kevin
CENTRAL INDEX KEY: 0001826572
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07598
FILM NUMBER: 21832763
MAIL ADDRESS:
STREET 1: VARIAN MEDICAL SYSTEMS
STREET 2: 3100 HANSEN WAY
CITY: PALO ALTO
STATE: CA
ZIP: 94304
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: VARIAN MEDICAL SYSTEMS INC
CENTRAL INDEX KEY: 0000203527
STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
IRS NUMBER: 942359345
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1001
BUSINESS ADDRESS:
STREET 1: 3100 HANSEN WAY
STREET 2: BUILDING 4A
CITY: PALO ALTO
STATE: CA
ZIP: 94304-1038
BUSINESS PHONE: 650-493-4000
MAIL ADDRESS:
STREET 1: 3100 HANSEN WAY
STREET 2: BUILDING 4A
CITY: PALO ALTO
STATE: CA
ZIP: 94304-1038
FORMER COMPANY:
FORMER CONFORMED NAME: VARIAN ASSOCIATES INC /DE/
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: VARIAN DELAWARE INC
DATE OF NAME CHANGE: 19761123
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2021-04-15
1
0000203527
VARIAN MEDICAL SYSTEMS INC
VAR
0001826572
O'Reilly Kevin
3100 HANSEN WAY
PALO ALTO
CA
94304
1
SVP, President of Oncology Sys
Common Stock
2021-04-15
4
D
0
1556
D
0
D
Non Qualified Stock Option (Right to Buy)
64.68
2021-04-15
4
D
0
2587
112.82
D
2025-02-08
Common Stock
2587
0
D
Non Qualified Stock Option (Right to Buy)
45.73
2021-04-15
4
D
0
6859
131.77
D
2026-02-14
Common Stock
6859
0
D
Non Qualified Stock Option (Right to Buy)
30.59
2021-04-15
4
D
0
7846
146.91
D
2027-02-13
Common Stock
7846
0
D
Restricted Stock Units
2021-04-15
4
D
0
506
D
Common Stock
506
0
D
Restricted Stock Units
2021-04-15
4
D
0
1059
D
Common Stock
1059
0
D
Performance Shares
2021-04-15
4
D
0
1711
D
Common Stock
1711
0
D
Restricted Stock Units
2021-04-15
4
D
0
6340
D
Common Stock
6340
0
D
Performance Shares
2021-04-15
4
D
0
1641
D
Common Stock
1641
0
D
Amount of securities disposed of reflect 74 shares purchased on April 8, 2021 and 86 shares purchased on October 30, 2020 under the Varian Medical Systems, Inc. Employee Stock Purchase Plan.
Disposed of pursuant to merger agreement (the "Merger Agreement") between issuer and Siemens Healthineers I GmbH and certain other parties in exchange for a cash payment of $177.50 per share of common stock.
Pursuant to the Merger Agreement, these options, which provided for vesting of one third on 2/8/2019, and the remaining shares in 24 equal installments over the 24 months following, were cancelled in exchange for a cash payment representing the difference between $177.50 and the exercise price of each share of underlying common stock.
Pursuant to the Merger Agreement, these options, which provided for vesting of one third on 2/14/2020, and the remaining shares in 24 equal installments over the 24 months following, were canceled in exchange for a cash award representing the difference between $177.50 and the exercise price of the option of the underlying common stock.
Pursuant to the Merger Agreement, these options, which provided for vesting of one third on 2/13/2021, and the remaining shares in 24 equal installments over the 24 months following, were cancelled in exchange for a cash payment representing the difference between $177.50 and the exercise price of each share of underlying common stock.
Each restricted stock unit represents a contingent right to receive one share of VAR common stock.
Pursuant to the Merger Agreement, these restricted stock units, which provided for vesting in three equal annual installments beginning February 14, 2020, were cancelled in exchange for a cash payment of $177.50 per unvested share of underlying common stock.
Pursuant to the Merger Agreement, these restricted stock units, which provided for vesting in three equal annual installments beginning February 15, 2021, were cancelled in exchange for a cash payment of $177.50 per unvested share of underlying common stock.
Each performance stock unit represents a contingent right to receive one share of VAR common stock.
Pursuant to the Merger Agreement, these performance stock units, which were granted November 15, 2018, were cancelled in exchange for a cash payment of $177.50 per share of underlying common stock and applicable performance conditions were deemed to be achieved at the target performance level.
Pursuant to the Merger Agreement, these restricted stock units, which provided for vesting in three equal annual installments beginning November 15, 2021, were cancelled in exchange for a cash award equal to $177.50 per unvested share of underlying common stock that will vest and pay out according to the same schedule.
Pursuant to the Merger Agreement, these performance stock units, which were granted November 21, 2019, were cancelled in exchange for a cash payment of $177.50 per share of underlying common stock and applicable performance conditions were deemed to be achieved at the target performance level.
/s/ Magnus Momsen, attorney-in-fact
2021-04-16