Guy Melamed - Mar 27, 2025 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Signature
/s/ Dov Gottlieb, as attorney-in-fact for Guy Melamed
Stock symbol
VRNS
Transactions as of
Mar 27, 2025
Transactions value $
-$5,809,372
Form type
4
Date filed
3/28/2025, 06:26 PM
Previous filing
Feb 7, 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 Tax liability -$5.81M -135K -20.56% $42.97 522K Mar 27, 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold. Shares withheld by Varonis to satisfy tax withholding requirements on vesting of restricted stock units and performance vesting units.
F2 Includes 411 shares of Common Stock purchased under the Issuer's 2015 Employee Stock Purchase Plan and the additional withholding of 6,198 shares of Common Stock by Varonis to satisfy tax withholding requirements due to updated tax treatment, which was not previously reported.