- Statement of Changes in Beneficial Ownership (4)
May 14 2010 - 7:33PM
Edgar (US Regulatory)
FORM 4
[
X
]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
HOMAN ARTHUR W
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2. Issuer Name
and
Ticker or Trading Symbol
VARIAN INC
[
VARI
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Senior VP Gen Counsel & Sec'y
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(Last)
(First)
(Middle)
3120 HANSEN WAY
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3. Date of Earliest Transaction
(MM/DD/YYYY)
5/14/2010
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(Street)
PALO ALTO, CA 94304-1030
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
(1)
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5/14/2010
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D
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6999
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D
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$52
(2)
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0
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D
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Common Stock
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5/14/2010
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D
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18809
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D
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$52
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0
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I
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by Trust
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Non-Qualified Stock Option (right to buy)
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$35.97
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5/14/2010
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D
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24000
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(3)
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11/13/2018
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Common Stock
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24000
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$0
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0
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D
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Non-Qualified Stock Option (right to buy)
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$42.51
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5/14/2010
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D
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10000
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11/10/2006
(4)
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11/10/2012
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Common Stock
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10000
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$0
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0
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D
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Non-Qualified Stock Option (right to buy)
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$45.04
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5/14/2010
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D
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20000
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(5)
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12/4/2016
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Common Stock
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20000
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$0
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0
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D
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Performance Shares
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(6)
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5/14/2010
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D
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5000
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(7)
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12/15/2010
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Common Stock
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5000
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$0
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0
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D
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Performance Shares
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(6)
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5/14/2010
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D
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7500
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(8)
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12/14/2011
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Common Stock
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7500
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$0
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0
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D
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Explanation of Responses:
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(
1)
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Represents restricted stock granted under the Varian, Inc. Omnibus Stock Plan.
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(
2)
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Pursuant to the Agreement and Plan of Merger by and among Agilent Technologies, Inc., Cobalt Acquisition Corp. and the Issuer dated July 26, 2009 (the "Merger Agreement"), each share of restricted stock was accelerated, cancelled and converted into the right to receive $52.00 in cash.
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(
3)
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This option, which provided for vesting in 2011, was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $16.03 per share, representing the difference between $52.00 and the exercise price of the option.
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(
4)
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This option, which provided for vesting in 2008, was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $9.49 per share, representing the difference between $52.00 and the exercise price of the option.
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(
5)
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This option, which provided for vesting in 2009, was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $6.96 per share, representing the difference between $52.00 and the exercise price of the option.
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(
6)
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Each Performance Share Award represents a contingent right to receive one share of VARI common stock.
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(
7)
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This Performance Share Award, which was scheduled to vest in 2010, was cancelled pursuant to the Merger Agreement and converted into the right to receive $52.00 per share in cash.
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(
8)
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This Performance Share Award, which was scheduled to vest in 2011, was cancelled pursuant to the Merger Agreement and converted into the right to receive $52.00 per share in cash.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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HOMAN ARTHUR W
3120 HANSEN WAY
PALO ALTO, CA 94304-1030
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Senior VP Gen Counsel & Sec'y
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Signatures
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Arthur W. Homan
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5/14/2010
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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