Filing Details
- Accession Number:
- 0001171843-19-000972
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-02-15 21:01:30
- Reporting Period:
- 2019-02-14
- Accepted Time:
- 2019-02-15 21:01:30
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1361113 | Varonis Systems Inc | VRNS | Services-Prepackaged Software (7372) | 571222280 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1601074 | Yakov Faitelson | C/O Varonis Systems, Inc. 1250 Broadway, 29Th Floor New York NY 10001 | Ceo, President, Chairman | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 Per Share | Acquisiton | 2019-02-14 | 66,642 | $0.00 | 313,783 | No | 4 | A | Direct | |
| Common Stock, Par Value $0.001 Per Share | Acquisiton | 2019-02-14 | 52,560 | $1.26 | 366,343 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 Per Share | Acquisiton | 2019-02-14 | 68,949 | $1.26 | 435,292 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 Per Share | Disposition | 2019-02-14 | 30,000 | $54.72 | 405,292 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2019-02-14 | 52,560 | $0.00 | 52,560 | $1.26 |
| Common Stock | Stock Option (right to buy) | Disposition | 2019-02-14 | 68,949 | $0.00 | 68,949 | $1.26 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2009-06-25 | 2019-06-25 | No | 4 | M | Direct |
| 0 | 2010-01-01 | 2019-08-05 | No | 4 | M | Direct |
Footnotes
- Represents restricted stock units granted to the reporting person on February 14, 2019. Such restricted stock units will vest, and an equal number of shares of common stock will be deliverable to the reporting person, in four equal installments upon the last calendar day of the month of February beginning on February 29, 2020.
- Includes 352 shares of Common Stock purchased under the Varonis Systems, Inc. 2015 Employee Stock Purchase Plan.
- These shares were sold to address the tax consequences arising upon the exercise of the associated options, which were due to expire on August 5, 2019.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.62 to $54.92, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.
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