Kevin E. Comolli - Oct 18, 2021 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role: Director
Signature: /s/ Ofer Margalit as attorney-in-fact
Stock symbol: VRNS
Transactions as of: Oct 18, 2021
Transactions value $: -$9,511,473
Form type: 4
Date filed: 10/19/2021, 07:00 PM
Previous filing: May 27, 2021
Next filing: May 6, 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	Sale	-$924K	-14.7K	-4.31%	$62.99	326K	Oct 18, 2021	Held by Living Trusts	F1, F2
transaction	VRNS	Common Stock, par value $0.001 per share	Sale	-$2.38M	-37.3K	-11.44%	$63.70	289K	Oct 18, 2021	Held by Living Trusts	F1, F3
transaction	VRNS	Common Stock, par value $0.001 per share	Sale	-$5.88M	-92.9K	-32.18%	$63.33	196K	Oct 19, 2021	Held by Living Trusts	F1, F4
transaction	VRNS	Common Stock, par value $0.001 per share	Sale	-$331K	-5.18K	-2.65%	$63.94	191K	Oct 19, 2021	Held by Living Trusts	F1, F5
holding	VRNS	Common Stock, par value $0.001 per share						17.3K	Oct 18, 2021	Direct

Showing 1 to 5 of 5 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This sale was effected pursuant to a Rule 10b5-1 trading plan.
F2	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 $62.43-63.42, 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.
F3	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 $63.43-64.15, 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.
F4	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 $62.85-63.84, 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.
F5	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 $63.85-64.25, 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.