Filing Details

Accession Number:
0001171843-21-001510
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-03 21:04:17
Reporting Period:
2021-03-01
Accepted Time:
2021-03-03 21:04:17
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
1758114 Gilad Raz C/O Varonis Systems, Inc.
1250 Broadway, 29Th Floor
New York NY 10001
Cio & Vp Of Technical Services No 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, Par Value $0.001 Per Share Disposition 2021-03-01 8,593 $182.50 75,009 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2021-03-01 1,800 $186.27 73,209 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2021-03-01 5,187 $187.32 68,022 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2021-03-01 1,825 $188.24 66,197 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2021-03-01 625 $189.33 65,572 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. Represents shares of Common Stock sold by the Company's plan administrator on the reporting person's behalf to cover taxes due upon vesting of certain shares under the Varonis Systems, Inc. 2013 Omnibus Equity Incentive Plan.
  2. Includes 199 shares of Common Stock purchased under the Varonis Systems, Inc. 2015 Employee Stock Purchase Plan.
  3. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in 2020.
  4. 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 $185.73 - $186.72, 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.
  5. 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 $186.86- $187.82, 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.
  6. 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 $187.90- $188.62, 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.
  7. 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 $189.08- $189.76, 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.