4//SEC Filing
FANTE PETER 4
Accession 0001166388-25-000055
CIK 0001166388other
Filed
Apr 14, 8:00 PM ET
Accepted
Apr 15, 5:26 PM ET
Size
23.0 KB
Accession
0001166388-25-000055
Insider Transaction Report
Form 4
FANTE PETER
Chief Legal Officer & CCO
Transactions
- Tax Payment
Common Stock
2025-04-12$15.88/sh−3,243$51,499→ 29,889 total - Sale
Common Stock
2025-04-15$16.50/sh−9,439$155,744→ 20,450 total - Award
Restricted Stock Units
2023-04-20+10,500→ 13,834 total→ Common Stock (10,500 underlying) - Award
Restricted Stock Units
2024-04-22+44,974→ 58,808 total→ Common Stock (44,974 underlying) - Exercise/Conversion
Restricted Stock Units
2025-04-12−8,994→ 46,480 total→ Common Stock (8,994 underlying) - Exercise/Conversion
Common Stock
2025-04-12+8,994→ 34,334 total - Exercise/Conversion
Restricted Stock Units
2025-04-12−3,334→ 55,474 total→ Common Stock (3,334 underlying) - Exercise/Conversion
Common Stock
2025-04-12+3,334→ 25,340 total - Tax Payment
Common Stock
2025-04-12$15.88/sh−1,202$19,088→ 33,132 total - Award
Restricted Stock Units
2022-04-25+3,334→ 3,334 total→ Common Stock (3,334 underlying)
Footnotes (10)
- [F1]On April 25, 2022, the reporting person was granted 3,334 restricted stock units ("RSUs") subject to time vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. All 3,334 RSUs vested on April 12, 2025.
- [F10]These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 filed on April 23, 2024.
- [F2]The reporting person's number of shares of common stock owned was previously overstated by 58,808 shares due to a number of RSUs that should have been reported in Table II instead of Table I on the reporting person's Forms 4 filed on April 27, 2022, April 24, 2023, and April 23, 2024.
- [F3]On April 22, 2024, the reporting person was granted 44,974 RSUs subject to time vesting. Such RSUs vest in five equal installments on April 12, 2025, September 12, 2025, April 12, 2026, September 12, 2026, and April 12, 2027. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 8,994 of these RSUs vested on April 12, 2025.
- [F4]Shares withheld to satisfy tax withholding obligation arising upon vesting of RSUs.
- [F5]Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $16.41 to $16.63 per share.
- [F6]The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
- [F7]These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 filed on April 27, 2022.
- [F8]On April 20, 2023, the reporting person was granted 10,500 RSUs subject to time vesting. Such RSUs vest in three equal installments on June 15, 2025, December 15, 2025, and June 15, 2026. Each RSU represents the right to receive one share of the common stock of the issuer and/or cash upon vesting.
- [F9]These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 filed on April 24, 2023.
Documents
Issuer
VERINT SYSTEMS INC
CIK 0001166388
Entity typeother
Related Parties
1- filerCIK 0001208487
Filing Metadata
- Form type
- 4
- Filed
- Apr 14, 8:00 PM ET
- Accepted
- Apr 15, 5:26 PM ET
- Size
- 23.0 KB