X0306 4 2017-02-15 0000203527 VARIAN MEDICAL SYSTEMS INC VAR 0001217439 FINNEY ELISHA W C/O VARIAN MEDICAL SYSTEMS 3100 HANSEN WAY, , MAIL STOP E-327 PALO ALTO CA 94304-1030 1 Exec VP and CFO Common Stock 2017-02-15 4 M 0 2401 A 9037 D Common Stock 2017-02-15 4 M 0 2033 A 11070 D Common Stock 2017-02-15 4 M 0 1192 A 12262 D Common Stock 2017-02-15 4 F 0 2002 81.12 D 10260 D Common Stock 22126 I By Trust Restricted Stock Units 2017-02-15 4 M 0 2401 D Common Stock 2401 7643 D Restricted Stock Units 2017-02-15 4 M 0 2033 D Common Stock 2033 5610 D Restricted Stock Units 2017-02-15 4 M 0 1192 D Common Stock 1192 4418 D Each restricted stock unit represents a contingent right to receive one share of VAR common stock. Represents shares withheld from vested restricted stock units for the payment of federal, state and payroll taxes due on vesting. The restricted stock units vest in three equal installments on February 15, 2015, February 15, 2016, and February 15, 2017. Vested shares will be delivered to the reporting person on vest date. The restricted stock units vest in three equal installments on February 15, 2016, February 15, 2017, and February 15, 2018. Vested shares will be delivered to the reporting person on vest date. The restricted stock units vest in three equal installments on February 15, 2017, February 15, 2018, and February 15, 2019. Vested shares will be delivered to the reporting person on vest date. Includes restricted stock units that were adjusted pursuant to the Employee Matters Agreement between Varian Medical Systems, Inc. ("Varian") and Varex Imaging Corporation ("Varex") relating to the January 28, 2017 distribution by Varian to its stockholders of all of the outstanding shares of the common stock of Varex. Restricted stock units that were outstanding at the time of the distribution were adjusted by multiplying the number of shares subject thereto by 1.1303 and rounding to the nearest whole share. /s/ Franco N. Palomba, Attorney in Fact for Elisha W. Finney 2017-02-16