Guy Melamed - Nov 13, 2024 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role
CFO and COO
Signature
/s/ Dov Gottlieb, as attorney-in-fact for Guy Melamed
Stock symbol
VRNS
Transactions as of
Nov 13, 2024
Transactions value $
-$4,905,444
Form type
4
Date filed
11/15/2024, 07:01 PM
Previous filing
Mar 4, 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 -$3.57M -66.8K -11.21% $53.49 529K Nov 13, 2024 Direct F1
transaction VRNS Common Stock, par value $0.001 per share Sale -$1.33M -24.6K -4.64% $54.28 505K Nov 13, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.14 to $54.13, inclusive. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer, or a shareholder of the Issuer full information regarding the number of shares sold at each separate price.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.14 to 54.55, inclusive. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer, or a shareholder of the Issuer full information regarding the number of shares sold at each separate price.
F3 Includes 345 shares of Common Stock purchased under the Issuer's 2015 Employee Stock Purchase Plan.