Form 4 for VRNS VARONIS SYSTEMS INC
Accepted 2021-09-17 00:00:00 ET · period of report 2021-09-17 · accession 0001213900-21-048701 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-09-17 | 2021-09-17 | VRNS | O'Boyle James | SVP of Worldwide Sales | M - OptEx | $7.32 | +104.8K | 410.0K | +34% | +$766.8K |
| DM | 2021-09-17 | 2021-09-17 | VRNS | O'Boyle James | SVP of Worldwide Sales | S - Sale+OE | $68.75 | -104.8K | 305.2K | -26% | -$7.21M |
| DM | 2021-09-17 | 2021-09-17 | VRNS | O'Boyle James | SVP of Worldwide Sales | M - OptEx | $0.00 | -104.8K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common stock, par value $0.001 per share | 2021-09-17 | M | A | 53,484 | $7.34 | 358,702 | D | — | — | |
| 2 | Common | Common stock, par value $0.001 per share | 2021-09-17 | M | A | 19,464 | $9.96 | 378,166 | D | — | — | |
| 3 | Common | Common stock, par value $0.001 per share | 2021-09-17 | M | A | 31,875 | $5.66 | 410,041 | D | — | — | |
| 4 | Common | Common stock, par value $0.001 per share | 2021-09-17 | S | D | 96,894 | $68.71 | 313,147 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.03 to $69.02, 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 range set forth herein. |
| 5 | Common | Common stock, par value $0.001 per share | 2021-09-17 | S | D | 7,929 | $69.30 | 305,218 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.03 to $69.60, 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 range set forth herein. |
| 6 | Derivative | Stock Option (right to buy) | 2021-09-17 | M | D | 19,464 | $0.00 | 0 | D | $9.96 · — to 2025-02-20 | 19,464 Common Stock | (F4) 25% of the options became exercisable one year from February 20, 2015, the date of grant. 1/48th of the remaining options became exercisable monthly thereafter on a pro rata basis. |
| 7 | Derivative | Stock Option (right to buy) | 2021-09-17 | M | D | 53,484 | $0.00 | 0 | D | $7.34 · — to 2024-05-12 | 53,484 Common Stock | (F3) 25% of the options became exercisable one year from May 12, 2014, the date of grant. 1/48th of the remaining options became exercisable monthly thereafter on a pro rata basis. |
| 8 | Derivative | Stock Option (right to buy) | 2021-09-17 | M | D | 31,875 | $0.00 | 0 | D | $5.66 · — to 2026-02-17 | 31,875 Common Stock | (F5) 25% of the options became exercisable one year from February 17, 2016, the date of grant. 1/48th of the remaining options became exercisable monthly thereafter on a pro rata basis. |