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Filing Details

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	Disposition	2020-01-13	49,000	$83.45	42,509	No	4	S	Indirect	Held by Faitelson 2019 Grantor Retained Annuity Trust
Common Stock, Par Value $0.001 Per Share	Disposition	2020-01-13	16,176	$83.61	31,575	No	4	S	Indirect	Held by Faitelson 2019 Grantor Retained Annuity Trust #2

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Held by Faitelson 2019 Grantor Retained Annuity Trust
No	4	S	Indirect	Held by Faitelson 2019 Grantor Retained Annuity Trust #2

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.001 Per Share	202,426	Direct

Footnotes

Includes 78 shares of Common Stock purchased under the Varonis Systems, Inc. 2015 Employee Stock Purchase Plan.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Faitelson 2019 Grantor Retained Annuity Trust on August 1, 2019.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.00 to $84.63, 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.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Faitelson 2019 Grantor Retained Annuity Trust #2 on August 1, 2019.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.12 to $84.63, 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.