Dov Gottlieb - 05 May 2022 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Signature
/s/ Ofer Margalit as attorney-in-fact
Issuer symbol
VRNS
Transactions as of
05 May 2022
Net transactions value
$0
Form type
4
Filing time
06 May 2022, 17:57:46 UTC
Previous filing
14 Feb 2022
Next filing
03 Jun 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 Award $0 +72,581 +74% $0.000000 170,629 05 May 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted to the reporting person on May 5, 2022. Such restricted stock units will vest, and an equal number of shares of common stock will be deliverable to the reporting person, in four equal (annual) installments upon the last calendar day of the month of May beginning on May 31, 2023.
F2 This total includes 720 shares of Common Stock purchased under the Varonis Systems, Inc. 2015 Employee Stock Purchase Plan.