0001213900-24-041857.txt : 20240510
0001213900-24-041857.hdr.sgml : 20240510
20240510184951
ACCESSION NUMBER: 0001213900-24-041857
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240509
FILED AS OF DATE: 20240510
DATE AS OF CHANGE: 20240510
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Faitelson Yakov
CENTRAL INDEX KEY: 0001601074
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36324
FILM NUMBER: 24936485
MAIL ADDRESS:
STREET 1: C/O VARONIS SYSTEMS, INC.
STREET 2: 1250 BROADWAY, 31ST FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10001
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: VARONIS SYSTEMS INC
CENTRAL INDEX KEY: 0001361113
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 571222280
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1250 BROADWAY, 31ST FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10001
BUSINESS PHONE: 877-292-8767
MAIL ADDRESS:
STREET 1: 1250 BROADWAY, 31ST FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10001
4
1
ownership.xml
OWNERSHIP DOCUMENT
X0508
4
2024-05-09
0
0001361113
VARONIS SYSTEMS INC
VRNS
0001601074
Faitelson Yakov
C/O VARONIS SYSTEMS, INC.
1250 BROADWAY, 28TH FLOOR
NEW YORK
NY
10001
1
1
0
0
CEO, President, Chairman
0
Common Stock, par value $0.001 per share
2024-05-09
4
M
0
71415
7.00
A
1436005
D
Common Stock, par value $0.001 per share
2024-05-09
4
M
0
4374
9.96
A
1440379
D
Common Stock, par value $0.001 per share
2024-05-09
4
M
0
12543
5.6233
A
1452922
D
Common Stock, par value $0.001 per share
2024-05-09
4
M
0
183585
7.00
A
1636507
D
Common Stock, par value $0.001 per share
2024-05-09
4
M
0
100626
9.96
A
1737133
D
Common Stock, par value $0.001 per share
2024-05-09
4
S
0
284211
45.2321
D
1452922
D
Common Stock, par value $0.001 per share
2024-05-10
4
M
0
47457
5.6233
A
1500379
D
Common Stock, par value $0.001 per share
2024-05-10
4
S
0
47457
44.5342
D
1452922
D
Common Stock, par value $0.001 per share
4941
I
By Spouse
Common Stock, par value $0.001 per share
253384
I
By Trust
Stock Option (right to buy)
7.00
2024-05-09
4
M
0
71415
0
D
2024-08-04
Common Stock
71415
183585
D
Stock Option (right to buy)
9.96
2024-05-09
4
M
0
4374
0
D
2025-02-17
Common Stock
4374
100626
D
Stock Option (right to buy)
5.6233
2024-05-09
4
M
0
12543
0
D
2026-02-14
Common Stock
12543
47457
D
Stock Option (right to buy)
7.00
2024-05-09
4
M
0
183585
0
D
2024-08-04
Common Stock
183585
0
D
Stock Option (right to buy)
9.96
2024-05-09
4
M
0
100626
0
D
2025-02-17
Common Stock
100626
0
D
Stock Option (right to buy)
5.6233
2024-05-10
4
M
0
47457
0
D
2026-02-14
Common Stock
47457
0
D
The reporting person acquired these shares by the exercise of incentive stock options, certain of which have upcoming expiration dates in August 2024 and February 2025. These shares have not been sold by the reporting person.
The reporting person acquired these shares by the exercise of non-qualifying stock options, certain of which have upcoming expiration dates in August 2024 and February 2025. The reporting person then sold such shares in multiple transactions on May 9, 2024 and May 10, 2024, at prices ranging from $44.75 to $45.62 on May 9, 2024 and $44.28 to $45.18 on May 10, 2024 (with the prices reported for such sales in Column 4 representing a weighted average price).
The stock options vested and became exercisable over various vesting schedules reported on the reporting person's prior Form 4s, becoming fully exercisable on the following dates: with respect to the stock options with a $7.00 exercise price, August 7, 2018; with respect to the stock options with a $9.96 exercise price, March 20, 2020; and with respect to the stock options with a $5.6233 exercise price, March 17, 2021.
The reporting person undertakes to provide to Varonis Systems, Inc., any security holder of Varonis Systems, Inc., 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 ranges set forth in footnote 2.
/s/ Dov Gottlieb as attorney-in-fact
2024-05-10