James O'Boyle - 26 Dec 2023 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Signature
/s/ Ofer Margalit, as attorney-in-fact
Issuer symbol
VRNS
Transactions as of
26 Dec 2023
Net transactions value
-$357,663
Form type
4
Filing time
26 Dec 2023, 19:32:32 UTC
Previous filing
20 Dec 2023
Next filing
05 Feb 2024

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 Sale $357,663 -7,859 -1.9% $45.51 414,159 26 Dec 2023 Direct F1, F2
holding VRNS Common Stock, par value $0.001 per share 30,000 26 Dec 2023 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 This sale was effected pursuant to a Rule 10b5-1 trading plan.
F2 The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person reported on a single line all such transactions that occurred within a one dollar price range. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.50-45.56, 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 sold at each separate price.