JOHN J. GAVIN JR - 25 May 2021 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role
Director
Signature
/s/ Ofer Margalit as attorney-in-fact
Issuer symbol
VRNS
Transactions as of
25 May 2021
Transactions value $
$0
Form type
4
Filing time
27 May 2021, 17:18:34 UTC
Next filing
06 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNS Common Stock, par value $0.001 per share Award $0 +3.99K +2.77% $0.00 148K 25 May 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

JOHN J. GAVIN JR is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted to the reporting person on May 25, /2021. Such restricted stock units will vest, and an equal number of shares of Common Stock will be deliverable to the reporting person, in twelve equal installments upon the end of each month following the Transaction Date (including the end of the month in which the Transaction Date occurs).
F2 On February 26, 2021, the Issuer announced a three-for-one stock split of the Issuer's Common Stock pursuant to which each stockholder of record at the close of business on March 11, 2021 received two additional shares of Common Stock for each then held share (the "Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Stock Split.

Remarks:

Exhibit 24 Power of Attorney (filed herewith).