SEC Form 4 · accession 0001171843-18-002349
VARONIS SYSTEMS INC · VRNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gili Iohan
Director
Period of report
Mar 26, 2018
Accepted (ET)
Mar 28, 2018 · 9:00 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 26, 2018 | M | 750 | $12.47 | A | 53,149 | D | |
| Common Stock, par value $0.001 per share | Mar 26, 2018 | M | 250 | $39.86 | A | 53,399 | D | |
| Common Stock, par value $0.001 per share | Mar 26, 2018 | M | 4,861 | $22.01 | A | 58,260 | D | |
| Common Stock, par value $0.001 per share | Mar 26, 2018 | M | 3,009 | $29.88 | A | 61,269 | D | |
| Common Stock, par value $0.001 per share | Mar 26, 2018 | M | 7,500 | $16.87 | A | 68,769 | D | |
| Common Stock, par value $0.001 per shareF2 | Mar 26, 2018 | S | 16,370 | $60.4056 | D | 52,399 | 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) | $12.47 | Mar 26, 2018 | M | 750 | D | Apr 17, 2014 | Apr 17, 2023 | Common Stock | 750 | 0 | D |
| Stock Option (right to buy) | $39.86 | Mar 26, 2018 | M | 250 | D | Mar 21, 2015 | Mar 21, 2024 | Common Stock | 250 | 63 | D |
| Stock Option (right to buy) | $22.01 | Mar 26, 2018 | M | 4,861 | D | May 12, 2015 | May 12, 2024 | Common Stock | 4,861 | 4,226 | D |
| Stock Option (right to buy) | $29.88 | Mar 26, 2018 | M | 3,009 | D | Feb 20, 2016 | Feb 20, 2025 | Common Stock | 3,009 | 3,791 | D |
| Stock Option (right to buy) | $16.87 | Mar 26, 2018 | M | 7,500 | D | Feb 17, 2017 | Feb 17, 2026 | Common Stock | 7,500 | 7,500 | 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 12, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.90, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.