NISSIM IGAL 4
4 · VERINT SYSTEMS INC · Filed Dec 13, 2004
Insider Transaction Report
Form 4
NISSIM IGAL
DirectorChief Financial Officer
Transactions
- Award
Common Stock
2004-12-09+10,000→ 26,800 total - Award
Stock Option
2004-12-09−25,000→ 25,000 totalExercise: $35.11Exp: 2014-12-09→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]16,800 of these shares are restricted shares which vest 50% on 12/12/05, 25% on 12/12/06 and 25% on 12/12/07, and 10,000 of these shares are restricted shares which vest 50% on 12/9/06, 25% on 12/9/07 and 25% on 12/9/08.
- [F2]These options vest in equal portions over four years on 12/9/05, 06, 07 and 08.