Kevin E. Comolli - May 25, 2021 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role
Director
Signature
/s/ Ofer Margalit as attorney-in-fact
Stock symbol
VRNS
Transactions as of
May 25, 2021
Transactions value $
$0
Form type
4
Date filed
5/27/2021, 05:13 PM
Next filing
Oct 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNS Common Stock, par value $0.001 per share Award $0 +3.99K +30.05% $0.00 17.3K May 25, 2021 Direct F1, F2
holding VRNS Common Stock, par value $0.001 per share 341K May 25, 2021 Held by Living Trusts F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted to the reporting person on May 25, 2021 . Such restricted stock units will vest, and an equal number of shares of Common Stock will be deliverable to the reporting person, in twelve equal installments upon the end of each month following the Transaction Date (including the end of the month in which the Transaction Date occurs).
F2 On February 26, 2021, the Issuer announced a three-for-one stock split of the Issuer's Common Stock pursuant to which each stockholder of record at the close of business on March 11, 2021 received two additional shares of Common Stock for each then held share (the "Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Stock Split.

Remarks:

Exhibit 24 Power of Attorney (filed herewith).