James O'Boyle - Oct 15, 2024 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role
Vice Chairman - Sales
Signature
/s/ Dov Gottlieb, as attorney-in-fact for James O'Boyle
Stock symbol
VRNS
Transactions as of
Oct 15, 2024
Transactions value $
-$2,988,000
Form type
4
Date filed
10/16/2024, 07:13 PM
Previous filing
Aug 8, 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 -$2.99M -50K -10.12% $59.76 444K Oct 15, 2024 Direct F1, F2
holding VRNS Common Stock, par value $0.001 per share 30K Oct 15, 2024 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 $59.40-60.22, 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