SEC Form 4 · accession 0001166388-15-000032
VERINT SYSTEMS INC · VRNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Fante
Officer — Chief Legal Officer & CCO
Period of report
Apr 4, 2015
Accepted (ET)
Apr 7, 2015 · 4:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001166388
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 4, 2015 | A | 5,003 | $0.00 | A | 39,008 | D | |
| Common StockF2,F3,F4 | Apr 6, 2015 | S | 4,201 | $63.41 | D | 34,807 | D | |
| Common StockF4,F5 | Apr 7, 2015 | S | 7,010 | $63.68 | D | 27,797 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the earned portion of the second tranche of the award, for which the performance conditions for vesting lapsed on April 4, 2015 as a result of the Company's achievement of specified performance goals for the period from February 1, 2014 through January 31, 2015 and the filing of the Companys Annual Report on Form 10-K for such period.
- F2Amount sold to satisfy applicable tax withholding resulting from the vesting of restricted stock units on April 4, 2015, including those reported on row 1 of Table 1 of this Form 4.
- F3Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $61.90 per share to $63.83 per share.
- F4The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares purchased or sold at each separate price.
- F5Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $63.64 per share to $63.77 per share.