SEC Form 4 · accession 0001166388-16-000225
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
Jun 17, 2016
Accepted (ET)
Jun 21, 2016 · 4:32 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 | Jun 17, 2016 | A | 5,047 | $0.00 | A | 97,330 | D | |
| Common StockF2,F3,F4 | Jun 20, 2016 | S | 2,639 | $35.34 | D | 94,691 | D | |
| Common StockF5,F3,F4 | Jun 20, 2016 | S | 299 | $35.34 | D | 94,392 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of common stock delivered pursuant to the Company's Stock Bonus Program for the program period ended January 31, 2016. The reporting person elected to receive these shares in lieu of a corresponding portion of his cash bonus.
- F2Amount sold to satisfy applicable tax withholding upon the delivery of the common stock disclosed on Row 1, Table 1 of this Form 4.
- F3Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $34.75 per share to $35.54 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.
- F5Amount sold to satisfy applicable tax withholding upon the vesting of incentive shares under the Company's Stock Bonus Program for the program period ended January 31, 2015, the grant of which was included within the total award reported on the reporting person's Form 4 filed on June 18, 2015.