X0306 4 2018-05-24 0 0001361113 VARONIS SYSTEMS INC VRNS 0001601078 Iohan Gili C/O VARONIS SYSTEMS, INC. 1250 BROADWAY, 29TH FLOOR NEW YORK NY 10001 1 0 0 0 Common Stock, par value $0.001 per share 2018-05-24 4 M 0 7500 1.256 A 62677 D Common Stock, par value $0.001 per share 2018-05-24 4 S 0 26108 76.0079 D 36569 D Stock Option (right to buy) 1.256 2018-05-24 4 M 0 7500 0.00 D 2010-10-01 2019-01-15 Common Stock 7500 0 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 10, 2018. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.75 to $76.8, 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. /s/ Gili Iohan 2018-05-25