SEC Form 4 · accession 0001144204-16-136489
VARONIS SYSTEMS INC · VRNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Period of report
Nov 23, 2016
Accepted (ET)
Nov 25, 2016 · 6:20 am 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 Stock, $0.001 par value per share | Nov 23, 2016 | S | 78,076 | $30.8092 | D | 2,830,088 | D | |
| Common Stock, $0.001 par value per shareF1,F2 | Nov 23, 2016 | S | 1,688 | $30.8092 | D | 61,124 | I | Directly owned by Pitango Venture Capital Principals Fund IV L.P. See Explanation of Response |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- 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.