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