Yakov Faitelson - 04 Nov 2022 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role
CEO, President, Chairman, Director
Signature
/s/ Ofer Margalit as attorney-in-fact
Issuer symbol
VRNS
Transactions as of
04 Nov 2022
Net transactions value
+$348,348
Form type
4
Filing time
07 Nov 2022, 18:01:51 UTC
Previous filing
26 Aug 2022
Next filing
16 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 Gift $0 -123,530 -17% $0.000000 623,209 04 Nov 2022 Direct F1, F2
transaction VRNS Common Stock, par value $0.001 per share Purchase $348,348 +21,731 +3.5% $16.03 644,940 07 Nov 2022 Direct F3
transaction VRNS Common Stock, par value $0.001 per share Gift $0 +123,530 +180% $0.000000 192,047 04 Nov 2022 By Spouse F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 4, 2022, the reporting person made a gift of 123,530 shares to his spouse.
F2 Includes 97 share of Common Stock purchased under the Issuer's 2015 Employee Stock Purchase Plan.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.82-16.07, 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 purchased at each separate price.