Dan Bodner - Apr 12, 2024 Form 4 Insider Report for VERINT SYSTEMS INC (VRNT)

Signature
/s/ Peter D. Fante, as Attorney-in-Fact for Dan Bodner
Stock symbol
VRNT
Transactions as of
Apr 12, 2024
Transactions value $
-$1,334,040
Form type
4
Date filed
4/16/2024, 04:21 PM
Previous filing
Mar 21, 2024
Next filing
Apr 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNT Common Stock Award $0 +50.7K +5.89% $0.00 911K Apr 12, 2024 Direct F1
transaction VRNT Common Stock Award $0 +31.3K +3.43% $0.00 943K Apr 12, 2024 Direct F2
transaction VRNT Common Stock Sale -$1.2M -40K -4.25% $30.09 903K Apr 15, 2024 Direct F3, F4, F5
transaction VRNT Common Stock Sale -$130K -4.31K -0.48% $30.09 898K Apr 15, 2024 Direct F4, F5, F6
* 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 12, 2024 based on the Company's level of achievement of specified performance goals for the period from April 25, 2022 to April 12, 2024 and the filing of the Company's Annual Report on Form 10-K for the year ended January 31, 2024.
F2 Represents the earned portion of a previously granted PSU award which vested on April 12, 2024 based on the Company's level of achievement of specified performance goals for the period from February 1, 2023 to April 12, 2024 and the filing of the Company's Annual Report on Form 10-K for the year ended January 31, 2024.
F3 Amount sold to satisfy applicable tax withholding on the vesting of the PSUs included in lines 1 and 2 above.
F4 Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $29.52 to $30.71 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 purchased or sold at each separate price.
F6 Amount sold to satisfy applicable tax withholding from the vesting of previously disclosed restricted stock units on April 12, 2024.