Yakov Faitelson - 28 Feb 2022 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Signature
/s/ Ofer Margalit as attorney-in-fact
Issuer symbol
VRNS
Transactions as of
28 Feb 2022
Transactions value $
-$5,637,698
Form type
4
Filing time
02 Mar 2022, 18:04:28 UTC
Previous filing
14 Feb 2022
Next filing
26 Aug 2022

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 Tax liability -$5.64M -129K -15.7% $43.60 694K 28 Feb 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Varonis to satisfy tax withholding requirements on vesting of restricted stock units and performance vesting units. No shares were sold.
F2 Includes 360 shares of Common Stock purchased under the Issuer's 2015 Employee Stock Purchase Plan.