Dov Gottlieb - Feb 3, 2022 Form 3 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role: VP and General Counsel
Signature: /s/ Dov Gottlieb
Stock symbol: VRNS
Transactions as of: Feb 3, 2022
Transactions value $: $0
Form type: 3
Date filed: 2/14/2022, 07:44 PM
Next filing: May 6, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	VRNS	Common Stock, par value $0.001 per share						97.3K	Feb 3, 2022	Direct	F1

Showing 1 to 1 of 1 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of: (i) 95,440 restricted stock units, which were granted to the reporting person on May 6, 2021 and will vest in four equal annual installments upon the last calendar day of the month of May beginning on May 31, 2022; and (ii) 1,888 restricted stock units, which were granted to the reporting person on November 4, 2021 and will vest in three equal installments on May 21, 2022, November 21, 2022 and May 21, 2023.

Content

Consists of: (i) 95,440 restricted stock units, which were granted to the reporting person on May 6, 2021 and will vest in four equal annual installments upon the last calendar day of the month of May beginning on May 31, 2022; and (ii) 1,888 restricted stock units, which were granted to the reporting person on November 4, 2021 and will vest in three equal installments on May 21, 2022, November 21, 2022 and May 21, 2023.

Remarks:

Exhibit 24 Power of Attorney (filed herewith).