Segev Ofer 4
4 · VARONIS SYSTEMS INC · Filed Apr 14, 2021
Insider Transaction Report
Form 4
Segev Ofer
Director
Transactions
- Sale
Common Stock, par value $0.001 per share
2021-04-12$53.65/sh−1,199$64,326→ 72,610 total - Sale
Common Stock, par value $0.001 per share
2021-04-12$54.17/sh−301$16,305→ 72,309 total
Footnotes (4)
- [F1]This sale was effected pursuant to a Rule 10b5-1 trading plan.
- [F2]On February 26, 2021, the Issuer announced a three-for-one stock split of the Issuer's Common Stock pursuant to which each stockholder of record at the close of business on March 11, 2021 received two additional shares of Common Stock for each then held share (the "Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Stock Split.
- [F3]The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person reported on a single line all such transactions that occurred within a one dollar price range. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.08-54.00, inclusive. The reporting person hereby undertakes to provide upon request by the Securities Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
- [F4]The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person reported on a single line all such transactions that occurred within a one dollar price range. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.14-54.19, inclusive. The reporting person hereby undertakes to provide upon request by the Securities Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.