Karen L. Aranki - Feb 9, 2024 Form 3 Insider Report for Varex Imaging Corp (VREX)

Role
Chief Human Resources Officer
Signature
/s/ Karen L. Aranki
Stock symbol
VREX
Transactions as of
Feb 9, 2024
Transactions value $
$0
Form type
3
Date filed
2/13/2024, 04:15 PM
Next filing
Sep 5, 2024

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
holding VREX Non-Qualified Stock Option (right to buy) Feb 9, 2024 Common Stock 20.7K $24.55 Direct F1
holding VREX Restricted Stock Units Feb 9, 2024 Common Stock 9.52K Direct F2, F3
holding VREX Restricted Stock Units Feb 9, 2024 Common Stock 13.3K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Performance Stock Options awarded on May 15, 2023 are subject to a four-year vesting schedule. 25% of the total number of options vest one year from grant date, and the remaining options vest monthly thereafter on a pro rata basis.
F2 These Restricted Stock Units granted on May 15, 2023 vest 50% on May 15, 2025 and 50% on May 15, 2027. Vested shares will be delivered to the reporting person upon vest.
F3 Each Restricted Stock Unit converts into common stock on a one-for-one basis.
F4 These Restricted Stock Units granted on December 10, 2023 vest 50% on December 10, 2025 and 50% on December 10, 2027. Vested shares will be delivered to the reporting person upon vest.