Filing Details

Accession Number:
0001213900-21-048701
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-17 21:31:21
Reporting Period:
2021-09-17
Accepted Time:
2021-09-17 21:31:21
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
1601169 James O'boyle C/O Varonis Systems, Inc.
1250 Broadway, 31St Floor
New York NY 10001
Svp Of Worldwide Sales 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 Acquisiton 2021-09-17 53,484 $7.34 358,702 No 4 M Direct
Common Stock, Par Value $0.001 Per Share Acquisiton 2021-09-17 19,464 $9.96 378,166 No 4 M Direct
Common Stock, Par Value $0.001 Per Share Acquisiton 2021-09-17 31,875 $5.66 410,041 No 4 M Direct
Common Stock, Par Value $0.001 Per Share Disposition 2021-09-17 96,894 $68.71 313,147 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2021-09-17 7,929 $69.30 305,218 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 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 2021-09-17 53,484 $0.00 53,484 $7.34
Common Stock Stock Option (right to buy) Disposition 2021-09-17 19,464 $0.00 19,464 $9.96
Common Stock Stock Option (right to buy) Disposition 2021-09-17 31,875 $0.00 31,875 $5.66
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2024-05-12 No 4 M Direct
0 2025-02-20 No 4 M Direct
0 2026-02-17 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.001 Per Share 30,000 Indirect Held by James O'Boyle 2014 Family Trust
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.03 to $69.02, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.03 to $69.60, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  3. 25% of the options became exercisable one year from May 12, 2014, the date of grant. 1/48th of the remaining options became exercisable monthly thereafter on a pro rata basis.
  4. 25% of the options became exercisable one year from February 20, 2015, the date of grant. 1/48th of the remaining options became exercisable monthly thereafter on a pro rata basis.
  5. 25% of the options became exercisable one year from February 17, 2016, the date of grant. 1/48th of the remaining options became exercisable monthly thereafter on a pro rata basis.