Dan Bodner - 06 Apr 2022 Form 4 Insider Report for VERINT SYSTEMS INC (VRNT)

Reporting relationship: Chairman & CEO, Director
Issuer ticker: VRNT
Reported as of: 06 Apr 2022
Net transaction value: -$2,025,659
SEC form: 4
Accepted by SEC: 08 Apr 2022, 16:24:35 UTC
Prior SEC filing: 13 Dec 2021
Next SEC filing: 13 Apr 2022
Source filing: View source filing
Reporting owner signature: /s/ Peter D. Fante, as Attorney-in-Fact for Dan Bodner

Key filing fact

Dan Bodner filed Form 4 for VERINT SYSTEMS INC (VRNT) on 08 Apr 2022.

Key facts

This page summarizes Dan Bodner's Form 4 filing for VERINT SYSTEMS INC (VRNT).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 08 Apr 2022, 16:24.

Change

Previous filing in this sequence was filed on 13 Dec 2021.
Current net transaction value: -$2,025,659.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VRNT transaction

Common Stock

Award

Transaction value: $0
Shares: +51,023
Change %: +5.3%
Price: $0.000000
Shares after: 1,016,603
Date: 06 Apr 2022
Ownership: Direct
Footnotes: F1

VRNT transaction

Common Stock

Sale

Transaction value: $2,025,659
Shares: -40,120
Change %: -3.9%
Price: $50.49
Shares after: 976,483
Date: 07 Apr 2022
Ownership: Direct
Footnotes: F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents the earned portion of a previously-granted PSU award which vested on April 6, 2022 based on the Company's level of achievement of specified performance goals for the period from February 1, 2019 through January 31, 2022 and the filing of the Company's Annual Report on Form 10-K for the year ended January 31, 2022.

Footnote F2

Amount sold to satisfy applicable tax withholding on the vesting of the PSUs included on line 1 and of previously disclosed RSUs that also vested on April 6, 2022.

Footnote F3

Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $49.94 to 50.68 per share.

Footnote F4

The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.