Yakov Faitelson - Feb 28, 2023 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
Feb 28, 2023
Transactions value $
-$3,511,301
Form type
4
Date filed
3/2/2023, 06:45 PM
Previous filing
Feb 10, 2023
Next filing
Mar 17, 2023

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 -$3.51M -130K -14.1% $27.08 790K Feb 28, 2023 Direct F1, F2
holding VRNS Common Stock, par value $0.001 per share 3.54K Feb 28, 2023 By Spouse
holding VRNS Common Stock, par value $0.001 per share 189K Feb 28, 2023 By 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 764 shares of Common Stock purchased under the Issuer's 2015 Employee Stock Purchase Plan.