Guy Melamed - 13 Nov 2024 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Signature
/s/ Dov Gottlieb, as attorney-in-fact for Guy Melamed
Issuer symbol
VRNS
Transactions as of
13 Nov 2024
Net transactions value
-$4,905,444
Form type
4
Filing time
15 Nov 2024, 19:01:18 UTC
Previous filing
04 Mar 2024
Next filing
05 Feb 2025

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 $3,572,490 -66,788 -11% $53.49 528,810 13 Nov 2024 Direct F1
transaction VRNS Common Stock, par value $0.001 per share Sale $1,332,954 -24,557 -4.6% $54.28 504,598 13 Nov 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.14 to $54.13, inclusive. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer, or a shareholder of the Issuer full information regarding the number of shares sold at each separate price.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.14 to 54.55, inclusive. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer, or a shareholder of the Issuer full information regarding the number of shares sold at each separate price.
F3 Includes 345 shares of Common Stock purchased under the Issuer's 2015 Employee Stock Purchase Plan.