Elan Moriah - Jun 12, 2023 Form 4 Insider Report for VERINT SYSTEMS INC (VRNT)

Role
President
Signature
/s/ Peter D. Fante, as Attorney in Fact for Elan Moriah
Stock symbol
VRNT
Transactions as of
Jun 12, 2023
Transactions value $
-$1,299,302
Form type
4
Date filed
6/14/2023, 04:21 PM
Previous filing
Apr 24, 2023
Next filing
Jun 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNT Common Stock Sale -$8.07K -218 -0.16% $37.03 133K Jun 12, 2023 Direct F1, F2, F3
transaction VRNT Common Stock Sale -$79.8K -2.16K -1.62% $37.03 131K Jun 12, 2023 Direct F2, F3, F4
transaction VRNT Common Stock Award $0 +6.92K +5.29% $0.00 138K Jun 12, 2023 Direct F5
transaction VRNT Common Stock Sale -$1.21M -32.7K -23.74% $37.04 105K Jun 12, 2023 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amount sold to satisfy applicable tax withholding resulting from the vesting on June 10, 2023 of a previously disclosed award of restricted stock units granted on June 10, 2022 pursuant to the Company's Stock Bonus Program for the year ended January 31, 2022.
F2 Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $36.77 to $37.33 per share.
F3 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.
F4 Amount sold to satisfy applicable tax withholding resulting from the vesting on June 10, 2023 of a previously disclosed award of restricted stock units.
F5 Shares of common stock delivered pursuant to the Company's Stock Bonus Program for the year ended January 31, 2023 under which the reporting person elected to receive such number of shares of the Company's common stock at fair market value in lieu of a portion of his cash bonus for such fiscal year.
F6 Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $36.79 to $37.26 per share.