James O'Boyle - 28 Feb 2022 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
28 Feb 2022
Net transactions value
-$2,522,042
Form type
4
Filing time
02 Mar 2022, 18:05:45 UTC
Previous filing
14 Feb 2022
Next filing
07 Nov 2022
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 Tax liability $2,522,042 -57,845 -15% $43.60 317,938 28 Feb 2022 Direct F1, F2
holding VRNS Common Stock, par value $0.001 per share 30,000 28 Feb 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.