SEC Form 4 · accession 0001144204-15-018198

VARONIS SYSTEMS INC · VRNS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

10% Owner

10% Owner

Period of report

Mar 23, 2015

Accepted (ET)

Mar 25, 2015 · 7:14 am EDT

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 Stock, $0.001 par value per share	Mar 23, 2015	S	11,551	$30.1307	D	3,212,994	D
Common Stock, $0.001 par value per share^F1,F2	Mar 23, 2015	S	249	$30.1307	D	69,383	I	Directly owned by Pitango Venture Capital Principals Fund IV L.P. See Explanation of Response
Common Stock, $0.001 par value per share	Mar 24, 2015	S	18,160	$30.2037	D	3,914,834	D
Common Stock, $0.001 par value per share^F1,F2	Mar 24, 2015	S	392	$30.2037	D	68,991	I	Directly owned by Pitango Venture Capital Principals Fund IV L.P. See Explanation of Response

No Table II lines on this filing.

F1Pitango V.C. Fund IV, L.P. is the General Partner of Pitango Venture Capital Fund IV, L.P. and Pitango Venture Capital Principals Fund IV, L.P., with its own General Partner being Pitango G.P. Capital Holdings Ltd., an Israeli company, owned indirectly by six individuals. These six individuals share voting and dispositive power of the Issuer's shares but none has sole voting or dispositive power of the Issuer's shares.
F2Each Reporting Person disclaims beneficial ownership of securities held by any other entity except to the extent of any indirect pecuniary interest therein (within the meaning of Rule 16a-1 of the Exchange Act) in an indeterminate portion of the securities beneficially owned by such other entity.