SEC Form 4 · accession 0001171843-17-001839
VARONIS SYSTEMS INC · VRNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gili Iohan
Officer — Chief Financial Officer
Period of report
Mar 28, 2017
Accepted (ET)
Mar 29, 2017 · 8:00 pm 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, par value $0.001 per share | Mar 28, 2017 | M | 6,913 | $22.01 | A | 47,333 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $22.01 | Mar 28, 2017 | M | 6,913 | D | May 12, 2015 | May 12, 2024 | Common Stock | 6,913 | 18,087 | D |
Explanation of responses
- F16250 of the options became exercisable on May 12, 2015, one year from the date of grant. 1/48th of the remaining options become exercisable monthly thereafter on a pro rata basis.