James O'Boyle - Feb 28, 2022 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Signature
/s/ Ofer Margalit, as attorney-in-fact
Stock symbol
VRNS
Transactions as of
Feb 28, 2022
Transactions value $
-$2,522,042
Form type
4
Date filed
3/2/2022, 06:05 PM
Previous filing
Feb 14, 2022
Next filing
Nov 7, 2022

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 Tax liability -$2.52M -57.8K -15.39% $43.60 318K Feb 28, 2022 Direct F1, F2
holding VRNS Common Stock, par value $0.001 per share 30K Feb 28, 2022 Held by James O'Boyle 2014 Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Varonis to satisfy tax withholding requirements on vesting of restricted stock units and performance vesting units. No shares were sold.
F2 Includes 360 shares of Common Stock purchased under the Issuer's 2015 Employee Stock Purchase Plan.