Cinto said:
I was using the 40mm pancake with no filter. I don't believe it is lens flair, I've seen tons of lens flare using this on my 5D 2 and never had the grid like pattern. It seems similar to this
http://photographylife.com/fuji-x-trans-flare-ghosting-issue
and this
http://www.fujixseries.com/discussion/comment/50181
and this
http://www.eoshd.com/comments/topic/4306-olympus-phase-detect-strips-showing-up-in-e-m1-video/
The first two links are definitely lens flare, starburst, and ghosting.
Lens flare is the loss of contrast, NOT RAYS, due to a high angle of incidence off a bright off-axis light source (like the sun).
Rays are just that, rays or starburst, usually caused by the aperture. The number of rays in a starburst are usually dependent on the number of aperture blades, they can very quite a bit.
Ghosting is reflection off of lens elements, again caused by intense off-axis light. You can differentiate ghosting from sensor reflection, because ghosts have an aperture shape.
Sensor reflection is rather specific. It will usually be rectangular in shape, roughly the same dimensions as the sensor. It may be harsh, but more frequently it presents with softened "feathered" edges, so it can sometimes be hard to pinpoint as sensor reflection. Sensor reflection is also usually around the center of the image, not the periphery.
Given your sample image, that most definitely looks like sun flare, not sensor reflection.