X0306 4 2015-02-25 0 0001361113 VARONIS SYSTEMS INC VRNS 0001601099 Shachar Erez C/O EVERGREEN VENTURE PARTNERS 25 HABARZEL ST. TEL-AVIV L3 69710 ISRAEL 1 0 0 0 Common stock 2015-02-25 4 S 0 10000 31.02 D 3796121 I See footnote. Common stock 2015-02-26 4 S 0 6118 31.03 D 3790003 I See footnote. Directly owned by Evergreen IV, L.P. All the shares reported herein are directly owned by Evergreen IV, L.P. The Reporting Person is one of the seven members on the investment committee of such shareholder. The Reporting Person disclaims any beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any. /s/ Erez Shachar 2015-02-27