NISSIM IGAL 4
4 · VERINT SYSTEMS INC · Filed Jan 12, 2006
Insider Transaction Report
Form 4
NISSIM IGAL
DirectorChief Financial Officer
Transactions
- Award
Common Stock
2006-01-11+8,000→ 34,800 total - Award
Stock Option
2006-01-11+18,000→ 18,000 totalExercise: $34.40Exp: 2016-01-11→ Common Stock (18,000 underlying)
Footnotes (3)
- [F1]10,000 of these shares are restricted shares granted 1/11/06 that vest 50% on 1/11/08, 25% on 1/11/09 and 25% on 1/11/10. 8,400 of these shares are restricted shares which vest 50% on 12/12/06 and 50% on 12/12/07. 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 vests in equal amounts on 1/11/07, 1/11/08, 1/11/09 and 1/11/10.
- [F3]These options were granted pursuant to a stock incentive compensation plan of Verint Systems Inc.