Shubham Maheshwari - Aug 15, 2022 Form 4 Insider Report for Varex Imaging Corp (VREX)

Role
Chief Financial Officer
Signature
/s/ Kimberley E. Honeysett
Stock symbol
VREX
Transactions as of
Aug 15, 2022
Transactions value $
-$170,448
Form type
4
Date filed
8/16/2022, 06:57 PM
Previous filing
Dec 14, 2021
Next filing
Dec 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VREX Common Stock Options Exercise +30.3K +784.35% 34.2K Aug 15, 2022 Direct F1, F2
transaction VREX Common Stock Tax liability -$170K -7.64K -22.35% $22.31 26.5K Aug 15, 2022 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 Options Exercise $0 -30.3K -50% $0.00 30.3K Aug 15, 2022 Common Stock 30.3K Direct F1, F4
* 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 Amount of securities beneficially owned at end of reporting period reflect 3,865 shares purchased under the Varex Imaging Corporation 2017 Employee Stock Purchase Plan.
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 The Restricted Stock Units granted on October 2, 2020 vest 50% on August 15, 2022 and 50% on August 15, 2024. Vested shares will be delivered to the reporting person upon vest date.