James O'Boyle - 01 Jun 2021 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role
SVP of Worldwide Sales
Signature
/s/ Ofer Margalit as attorney-in-fact
Issuer symbol
VRNS
Transactions as of
01 Jun 2021
Net transactions value
-$94,154
Form type
4
Filing time
03 Jun 2021, 19:17:07 UTC
Next filing
17 Sep 2021
SEC
View on sec.gov

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 $94,154 -1,964 -0.64% $47.94 305,218 01 Jun 2021 Direct F1, F2
holding VRNS Common Stock, par value $0.001 per share 30,000 01 Jun 2021 Held by James O'Boyle 2014 Family Trust 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).