Ohad Korkus - 08 May 2024 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Reporting relationship: Director
Issuer ticker: VRNS
Reported as of: 08 May 2024
Net transaction value: +$19,677
SEC form: 4
Accepted by SEC: 10 May 2024, 18:52:01 UTC
Prior SEC filing: 05 May 2023
Next SEC filing: 09 May 2025
Source filing: View source filing
Reporting owner signature: /s/ Dov Gottlieb as attorney-in-fact

Key filing fact

Ohad Korkus filed Form 4 for VARONIS SYSTEMS INC (VRNS) on 10 May 2024.

Key facts

This page summarizes Ohad Korkus's Form 4 filing for VARONIS SYSTEMS INC (VRNS).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 10 May 2024, 18:52.

Change

Previous filing in this sequence was filed on 05 May 2023.
Current net transaction value: +$19,677.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VRNS transaction

Common Stock, par value $0.001 per share

Award

Transaction value: $0
Shares: +4,163
Change %: +3.7%
Price: $0.000000
Shares after: 115,745
Date: 08 May 2024
Ownership: Direct
Footnotes: F1

VRNS transaction

Common Stock, par value $0.001 per share

Options Exercise

Transaction value: $19,677
Shares: +2,811
Change %: +2.4%
Price: $7.00
Shares after: 118,556
Date: 10 May 2024
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VRNS transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -2,811
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 10 May 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,811
Exercise price: $7.00
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents restricted stock units granted to the reporting person on May 8, 2024. Such restricted stock units will vest, and an equal number of shares of common stock will be deliverable to the reporting person, on May 31, 2025.

Footnote F2

The reporting person acquired these shares by the exercise of incentive stock options, which have an upcoming expiration date in August 2024. These shares have not been sold by the reporting person.

Footnote F3

The stock options vested and became exercisable over a vesting schedule reported on the reporting person's prior Form 4s, becoming fully exercisable on August 7, 2018.