Yakov Faitelson - 02 Feb 2023 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role
CEO, President, Chairman, Director
Signature
/s/ Ofer Margalit as attorney-in-fact
Issuer symbol
VRNS
Transactions as of
02 Feb 2023
Transactions value $
$0
Form type
4
Filing time
06 Feb 2023, 20:00:34 UTC
Previous filing
02 Dec 2022
Next filing
10 Feb 2023
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 +41.7K +6.41% $0.00 691K 02 Feb 2023 Direct F1
holding VRNS Common Stock, par value $0.001 per share 3.54K 02 Feb 2023 By Spouse
holding VRNS Common Stock, par value $0.001 per share 189K 02 Feb 2023 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares earned by the reporting person for no consideration under certain performance-vesting restricted stock units (the "2022 PSUs"), which were granted to the reporting person pursuant to the Issuer's 2013 Omnibus Equity Incentive Plan (the "2013 Plan"). The 2022 PSUs were earned subject to the satisfaction of certain annual revenue goals for the 2022 fiscal year, the performance of which was certified by the Issuer's compensation committee on February 2, 2023. The 2022 PSUs shall vest on February 28, 2025 subject to continued employment through such date.