SEC Form 4 · accession 0001166388-18-000099
VERINT SYSTEMS INC · VRNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elan Moriah
Officer — President, CES
Period of report
Sep 7, 2018
Accepted (ET)
Sep 11, 2018 · 5:01 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 | Sep 7, 2018 | A | 3,009 | $0.00 | A | 135,552 | D | |
| Common StockF2,F3 | Sep 10, 2018 | S | 21,156 | $49.46 | D | 114,396 | D | |
| Common StockF3,F4 | Sep 10, 2018 | S | 18,435 | $48.76 | D | 95,961 | 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 previously disclosed Stock Bonus Program whereby the reporting person elected to receive such number of shares of the Company's common stock at fair market value in lieu of his cash bonus payment.
- F2Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $49.00 per share to $50.28 per share.
- F3The 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.
- F4Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $48.73 per share to $48.83 per share.