Stephen J. Gold - Apr 22, 2024 Form 4 Insider Report for VERINT SYSTEMS INC (VRNT)

Role
Director
Signature
/s/ Peter D. Fante, as Attorney in Fact for Stephen Jay Gold
Stock symbol
VRNT
Transactions as of
Apr 22, 2024
Transactions value $
-$44,096
Form type
4
Date filed
4/14/2025, 04:50 PM
Previous filing
Apr 24, 2023
Next filing
Apr 24, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNT Common Stock Options Exercise $0 +6.86K +28.16% $0.00 31.2K Apr 10, 2025 Direct F1, F2
transaction VRNT Common Stock Sale -$44.1K -2.74K -8.79% $16.07 28.5K Apr 10, 2025 Direct F1, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VRNT Restricted Stock Units Award +6.86K 6.86K Apr 22, 2024 Common Stock 6.86K Direct F1, F5
transaction VRNT Restricted Stock Units Options Exercise -6.86K -100% 0 Apr 10, 2025 Common Stock 6.86K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 22, 2024, the reporting person was granted 6,859 restricted stock units ("RSUs") subject to time vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. All 6,859 RSUs vested on April 10, 2025.
F2 The reporting person's number of shares of common stock owned was previously overstated by 6,859 shares due to the number of RSUs that should have been reported in Table II instead of Table I on the reporting person's Form 4 filed on April 24, 2024.
F3 Amount withheld by the issuer to satisfy applicable tax withholding resulting from the vesting on April 10, 2025 of a previously disclosed award of RSUs.
F4 Represents the price per share utilized by the issuer to calculate the number of shares to be withheld to satisfy the applicable tax withholding, which price was equal to the closing price of the issuer's common stock on the last trading day prior to the vesting of the related RSU award.
F5 These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 filed on April 24, 2024.