SEC Form 4 · accession 0000899243-18-006808
VARONIS SYSTEMS INC · VRNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin E Comolli
Director
Period of report
Mar 6, 2018
Accepted (ET)
Mar 8, 2018 · 4:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001361113
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 6, 2018 | S | 16,801 | $58.717 | D | 116,130 | I | See Footnote |
| Common StockF3,F2 | Mar 7, 2018 | S | 23,844 | $58.9564 | D | 92,286 | I | See Footnote |
| Common StockF4,F2 | Mar 8, 2018 | S | 8,355 | $59.3794 | D | 83,931 | I | See Footnote |
| Common StockF5,F2 | Mar 8, 2018 | S | 1,000 | $59.935 | D | 83,931 | I | See Footnote |
| Common StockF6 | holding | — | — | — | 27,217 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.30 to $59.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- F2The reportable securities are owned directly by Rothschild Trust Guernsey Limited, as trustee of the Max Trust. The Reporting Person is a beneficiary of the Max Trust.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.65 to $59.20, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.90 to $59.875, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) to this Form 4.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.90 to $60.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (5) to this Form 4.
- F6Includes 5,429 shares of common stock underlying restricted stock unit awards that are subject to time-based vesting and settlement.