SEC Form 4 · accession 0001171843-17-005709
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
Sep 21, 2017
Accepted (ET)
Sep 25, 2017 · 9:02 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 | Sep 21, 2017 | M | 563 | $6.23 | A | 95,846 | D | |
| Common Stock, par value $0.001 per share | Sep 21, 2017 | M | 938 | $6.80 | A | 96,784 | D | |
| Common Stock, par value $0.001 per share | Sep 21, 2017 | M | 1,500 | $12.47 | A | 98,284 | D | |
| Common Stock, par value $0.001 per share | Sep 21, 2017 | M | 438 | $12.47 | A | 98,722 | D | |
| Common Stock, par value $0.001 per share | Sep 21, 2017 | M | 4,063 | $22.01 | A | 102,785 | D | |
| Common Stock, par value $0.001 per share | Sep 21, 2017 | M | 260 | $21.00 | A | 103,045 | D | |
| Common Stock, par value $0.001 per share | Sep 21, 2017 | M | 208 | $21.66 | A | 103,253 | D | |
| Common Stock, par value $0.001 per share | Sep 21, 2017 | M | 521 | $19.51 | A | 103,774 | D | |
| Common Stock, par value $0.001 per share | Sep 21, 2017 | S | 8,491 | $42.50 | D | 95,283 | 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) | $6.23 | Sep 21, 2017 | M | 563 | D | Jul 11, 2012 | Jul 11, 2021 | Common Stock | 563 | 0 | D |
| Stock Option (right to buy) | $6.80 | Sep 21, 2017 | M | 938 | D | Feb 27, 2013 | Feb 27, 2022 | Common Stock | 938 | 0 | D |
| Stock Option (right to buy) | $12.47 | Sep 21, 2017 | M | 1,500 | D | Oct 17, 2013 | Oct 17, 2022 | Common Stock | 1,500 | 0 | D |
| Stock Option (right to buy) | $12.47 | Sep 21, 2017 | M | 438 | D | Apr 17, 2014 | Apr 17, 2023 | Common Stock | 438 | 0 | D |
| Stock Option (right to buy) | $22.01 | Sep 21, 2017 | M | 4,063 | D | May 12, 2015 | May 12, 2024 | Common Stock | 4,063 | 937 | D |
| Stock Option (right to buy) | $21.00 | Sep 21, 2017 | M | 260 | D | Aug 7, 2015 | Aug 7, 2024 | Common Stock | 260 | 625 | D |
| Stock Option (right to buy) | $21.66 | Sep 21, 2017 | M | 208 | D | Nov 11, 2015 | Nov 11, 2024 | Common Stock | 208 | 625 | D |
| Stock Option (right to buy) | $19.51 | Sep 21, 2017 | M | 521 | D | May 11, 2016 | May 11, 2025 | Common Stock | 521 | 2,187 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the reporting person on March 16, 2017 and August 22, 2017.