SEC Form 4 · accession 0001166388-15-000155
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
Sep 8, 2015
Accepted (ET)
Sep 10, 2015 · 4:36 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,F2 | Sep 8, 2015 | S | 5,743 | $48.15 | D | 23,427 | D | |
| Common StockF3 | Sep 8, 2015 | A | 3,000 | $0.00 | A | 26,427 | D | |
| Common StockF4 | Sep 8, 2015 | A | 3,000 | $0.00 | A | 29,427 | D | |
| Common StockF5,F2,F6 | Sep 9, 2015 | S | 3,136 | $48.54 | D | 26,291 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $48.14 per share to $48.18 per share.
- F2The 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.
- F3Vesting of the final portion of a performance-based award granted on April 19, 2013, resulting from the certification of the achievement of the second of two performance goals related to aggregate levels of EBITDA as of the end of the quarterly period ended July 31, 2015.
- F4Vesting of the final portion of a performance-based award granted on April 19, 2013, resulting from the certification of the achievement of the second of two performance goals related to achievement of revenue levels as of the end of the quarterly period ended July 31, 2015.
- F5Amount sold to satisfy tax withholding.
- F6Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $48.02 per share to $49.23 per share.