SEC Form 4 · accession 0001171843-17-003808
VARONIS SYSTEMS INC · VRNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Guy Melamed
Officer — Chief Financial Officer
Period of report
Jun 21, 2017
Accepted (ET)
Jun 23, 2017 · 9:05 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 | Jun 21, 2017 | M | 900 | $19.51 | A | 98,991 | D | |
| Common Stock, par value $0.001 per share | Jun 21, 2017 | S | 900 | $37.50 | D | 98,091 | D | |
| Common Stock, par value $0.001 per share | Jun 23, 2017 | M | 1,615 | $21.00 | A | 99,706 | D | |
| Common Stock, par value $0.001 per share | Jun 23, 2017 | M | 1,167 | $21.66 | A | 100,873 | D | |
| Common Stock, par value $0.001 per share | Jun 23, 2017 | M | 1,392 | $19.51 | A | 102,265 | D | |
| Common Stock, par value $0.001 per share | Jun 23, 2017 | S | 4,174 | $37.50 | D | 98,091 | 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) | $19.51 | Jun 21, 2017 | M | 900 | D | May 11, 2016 | May 11, 2025 | Common Stock | 900 | 4,100 | D |
| Stock Option (right to buy) | $21.00 | Jun 23, 2017 | M | 1,615 | D | Aug 7, 2015 | Aug 7, 2024 | Common Stock | 1,615 | 885 | D |
| Stock Option (right to buy) | $21.66 | Jun 23, 2017 | M | 1,167 | D | Nov 11, 2015 | Nov 11, 2024 | Common Stock | 1,167 | 833 | D |
| Stock Option (right to buy) | $19.51 | Jun 23, 2017 | M | 1,392 | D | May 11, 2016 | May 11, 2025 | Common Stock | 1,392 | 2,708 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2017.