ELAN MORIAH - 10 Apr 2023 Form 4 Insider Report for VERINT SYSTEMS INC (VRNT)

Role
President
Signature
/s/ Peter D. Fante, as Attorney in Fact for Elan Moriah
Issuer symbol
VRNT
Transactions as of
10 Apr 2023
Net transactions value
-$256,200
Form type
4
Filing time
12 Apr 2023, 21:05:50 UTC
Previous filing
11 Apr 2023
Next filing
14 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNT Common Stock Award $0 +10,825 +12% $0.000000 103,216 10 Apr 2023 Direct F1
transaction VRNT Common Stock Award $0 +7,500 +7.3% $0.000000 110,716 10 Apr 2023 Direct F2
transaction VRNT Common Stock Sale $256,200 -6,627 -6% $38.66 104,089 12 Apr 2023 Direct F3, F4, F5
* 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 10, 2023 based on the Company's level of achievement of specified performance goals for the period from February 1, 2021 through January 31, 2023 and the filing of the Company's Annual Report on Form 10-K for the year ended January 31, 2023.
F2 Represents the earned portion of a previously-granted PSU award which vested on April 10, 2023 based on the Company's level of achievement of specified performance goals for the period from February 1, 2022 through January 31, 2023 and the filing of the Company's Annual Report on Form 10-K for the year ended January 31, 2023.
F3 Amount sold to satisfy applicable tax withholding on the vesting of the PSUs included on lines 1 and 2.
F4 Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $38.27 to $38.88 per share.
F5 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.