Yakov Faitelson - Sep 7, 2021 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role
CEO, President, Chairman, Director
Signature
/s/ Ofer Margalit as attorney-in-fact
Stock symbol
VRNS
Transactions as of
Sep 7, 2021
Transactions value $
-$2,269,188
Form type
4
Date filed
9/9/2021, 07:00 PM
Previous filing
Jun 3, 2021
Next filing
Nov 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 -$2.27M -31.1K -5.37% $73.03 547K Sep 7, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan.
F2 The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person reported on a single line all such transactions that occurred within a one dollar price range. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.55 - $73.42, inclusive. The reporting person hereby undertakes to provide upon request by the Securities Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.