Gilad Raz - Jun 1, 2021 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role
CIO & VP of Technical Services
Signature
/s/ Ofer Margalit as attorney-in-fact
Stock symbol
VRNS
Transactions as of
Jun 1, 2021
Transactions value $
-$53,789
Form type
4
Date filed
6/3/2021, 07:15 PM
Next filing
Sep 17, 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 Sale -$53.8K -1.12K -0.57% $47.94 196K Jun 1, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock sold by the Company's plan administrator on the reporting person's behalf to cover taxes due upon vesting of certain shares under the Varonis Systems, Inc. 2013 Omnibus Equity Incentive Plan.
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).