Yakov Faitelson - Feb 29, 2024 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Signature
s/ Dov Gottlieb as attorney-in-fact
Stock symbol
VRNS
Transactions as of
Feb 29, 2024
Transactions value $
-$7,932,369
Form type
4
Date filed
3/4/2024, 08:24 PM
Previous filing
Feb 9, 2024
Next filing
May 10, 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 Tax liability -$7.93M -156K -10.27% $50.80 1.36M Feb 29, 2024 Direct F1, F2
holding VRNS Common Stock, par value $0.001 per share 4.94K Feb 29, 2024 By Spouse
holding VRNS Common Stock, par value $0.001 per share 253K Feb 29, 2024 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 613 shares of Common Stock purchased under the Issuer's 2015 Employee Stock Purchase Plan.