Yakov Faitelson - 03 Feb 2025 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role
CEO, President, Chairman, Director
Signature
s/ Dov Gottlieb as attorney-in-fact
Issuer symbol
VRNS
Transactions as of
03 Feb 2025
Transactions value $
$0
Form type
4
Filing time
05 Feb 2025, 19:34:51 UTC
Previous filing
10 May 2024
Next filing
07 Feb 2025
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 +201K +13.85% $0.00 1.65M 03 Feb 2025 Direct F1, F2
holding VRNS Common Stock, par value $0.001 per share 253K 03 Feb 2025 By Trust
holding VRNS Common Stock, par value $0.001 per share 4.94K 03 Feb 2025 By Spouse
* 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 "2024 PSUs"), which were granted to the reporting person pursuant to the Issuer's 2023 Omnibus Equity Incentive Plan. The 2024 PSUs were earned subject to the satisfaction of certain performance goals for the 2024 fiscal year, the performance of which was certified by the Issuer's compensation committee on February 3, 2025. The 2024 PSUs will vest on February 26, 2027, subject to the reporting person's continued employment through such date.
F2 Includes 102 shares of Common Stock purchased under the Issuer's 2015 Employee Stock Purchase Plan.