Filing Details
- Accession Number:
- 0001171843-15-004692
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-08-13 20:00:34
- Reporting Period:
- 2015-08-11
- Filing Date:
- 2015-08-13
- Accepted Time:
- 2015-08-13 20:00:34
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1361113 | Varonis Systems Inc | VRNS | Services-Prepackaged Software (7372) | 571222280 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1601076 | Ohad Korkus | C/O Varonis Systems, Inc., 1250 Broadway, 31St Floor New York NY 10001 | Chief Technology Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.001 Par Value | Acquisiton | 2015-08-11 | 173,392 | $0.90 | 1,107,270 | No | 4 | M | Direct | |
| Common Stock, $0.001 Par Value | Acquisiton | 2015-08-11 | 86,763 | $1.04 | 1,194,033 | No | 4 | M | Direct | |
| Common Stock, $0.001 Par Value | Acquisiton | 2015-08-11 | 247,596 | $1.26 | 1,441,629 | No | 4 | M | Direct | |
| Common Stock, $0.001 Par Value | Acquisiton | 2015-08-11 | 52,560 | $1.26 | 1,494,189 | No | 4 | M | Direct | |
| Common Stock, $0.001 Par Value | Acquisiton | 2015-08-11 | 193,919 | $1.26 | 1,688,108 | No | 4 | M | Direct | |
| Common Stock, $0.001 Par Value | Disposition | 2015-08-11 | 371,000 | $21.83 | 1,317,108 | No | 4 | S | Direct | |
| Common Stock, $0.001 Par Value | Disposition | 2015-08-12 | 31,000 | $22.52 | 1,286,108 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2015-08-11 | 173,392 | $0.00 | 173,392 | $0.90 |
| Common Stock | Stock Option (right to buy) | Disposition | 2015-08-11 | 86,763 | $0.00 | 86,763 | $1.04 |
| Common Stock | Stock Option (right to buy) | Disposition | 2015-08-11 | 247,596 | $0.00 | 247,596 | $1.26 |
| Common Stock | Stock Option (right to buy) | Disposition | 2015-08-11 | 52,560 | $0.00 | 52,560 | $1.26 |
| Common Stock | Stock Option (right to buy) | Disposition | 2015-08-11 | 193,919 | $0.00 | 193,919 | $1.26 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2009-12-26 | 2019-06-29 | No | 4 | M | Direct |
| 0 | 2008-01-09 | 2018-01-09 | No | 4 | M | Direct |
| 0 | 2009-01-15 | 2019-01-15 | No | 4 | M | Direct |
| 0 | 2009-06-25 | 2019-06-25 | No | 4 | M | Direct |
| 0 | 2010-01-01 | 2019-08-05 | No | 4 | M | Direct |
Footnotes
- Represents shares sold by the reporting person in a private sale in a "sell to cover" transaction to cover the amount of the aggregate exercise prices and the tax withholding obligations in connection with the exercise of the options listed in Table II.
- Represents shares sold by the reporting person in the open market in a "sell to cover" transaction to cover the amount of the aggregate exercise prices and the tax withholding obligations in connection with the exercise of the options listed in Table II.
- 166,998 options were exercisable upon the date of grant, December 26, 2009. The remaining options became exercisable monthly, beginning one month from the date of grant on a pro rata basis until March 31, 2010.
- 43,382 options were exercisable upon the date of grant, January 9, 2008. 1/48th of the remaining options became exercisable monthly thereafter.
- 105,120 options were exercisable on January 1, 2010. The remaining options became exercisable one year after.
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