SEC Form 4 · accession 0001166388-15-000052
VERINT SYSTEMS INC · VRNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elan Moriah
Officer — President, EIS & VIS
Period of report
Apr 10, 2015
Accepted (ET)
Apr 14, 2015 · 5:25 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 10, 2015 | A | 5,317 | $0.00 | A | 51,899 | D | |
| Common StockF2 | Apr 10, 2015 | A | 6,323 | $0.00 | A | 58,222 | D | |
| Common StockF3,F4,F5 | Apr 13, 2015 | S | 6,083 | $62.92 | D | 52,139 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the earned portion of the final 1/3 of this award that vested on April 10, 2015.
- F2Represents the earned portion of the final 1/3 of the award, for which the performance conditions for vesting lapsed on April 10, 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 Company's Annual Report on Form 10-K for such period.
- F3Amount sold to satisfy tax withholding.
- F4Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $62.49 per share to $63.35 per share.
- F5The 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.