Shubham Maheshwari - May 15, 2023 Form 4 Insider Report for Varex Imaging Corp (VREX)

Role
Chief Financial Officer
Signature
/s/ Kimberley Honeysett, attorney-in-fact for Shubham Maheshwari
Stock symbol
VREX
Transactions as of
May 15, 2023
Transactions value $
-$102,851
Form type
4
Date filed
5/17/2023, 04:32 PM
Previous filing
Dec 13, 2022
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VREX Common Stock Options Exercise +3.69K +13.31% 31.4K May 15, 2023 Direct F1, F2, F3
transaction VREX Common Stock Tax liability -$20.5K -919 -2.93% $22.32 30.5K May 15, 2023 Direct F4

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 -$82.3K -3.69K -50% $22.32 3.69K May 15, 2023 Common Stock 3.69K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 21, 2021, the Reporting Person was granted 7,378 Restricted Stock Units, 50% of which vested on May 15, 2023 and 50% of which vest on May 15, 2025.
F2 Each Restricted Stock Unit converts into common stock on a one-for-one basis.
F3 Amount of securities beneficially owned at the end of the reporting period reflects 1,173 shares purchased under the Varex Imaging Corporation 2017 Employee Stock Purchase Plan.
F4 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.