Douglas Robinson - Apr 6, 2022 Form 4 Insider Report for VERINT SYSTEMS INC (VRNT)

Role
Chief Financial Officer
Signature
/s/ Peter D. Fante as Attorney in Fact for Douglas Robinson
Stock symbol
VRNT
Transactions as of
Apr 6, 2022
Transactions value $
-$283,855
Form type
4
Date filed
4/8/2022, 04:28 PM
Previous filing
Jan 5, 2022
Next filing
Apr 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNT Common Stock Award $0 +7.89K +3.55% $0.00 230K Apr 6, 2022 Direct F1
transaction VRNT Common Stock Sale -$284K -5.62K -2.44% $50.49 225K Apr 7, 2022 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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.
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.
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.