4//SEC Filing
Bass David 4
Accession 0001171843-23-000726
CIK 0001361113other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 9:00 PM ET
Size
5.9 KB
Accession
0001171843-23-000726
Insider Transaction Report
Form 4
Bass David
EVP Engineering & CTO
Transactions
- Award
Common Stock, par value $0.001 per share
2023-02-02+17,341→ 556,714 total
Footnotes (2)
- [F1]Represents shares earned by the reporting person for no consideration under certain performance-vesting restricted stock units (the "2022 PSUs"), which were granted to the reporting person pursuant to the Issuer's 2013 Omnibus Equity Incentive Plan. The 2022 PSUs were earned subject to the satisfaction of certain revenue goals for the 2022 fiscal year, the performance of which was certified by the Issuer's compensation committee on February 2, 2023. Such 2022 PSUs will vest, and an equal number of shares of common stock will be deliverable to the reporting person, in three equal annual installments upon the last calendar day of the month of February beginning on February 28, 2023, subject to the reporting person's continued employment through such date.
- [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. Forms 4 filed on behalf of the reporting person after March 11, 2021, did not reflect the Stock Split in column 5.
Documents
Issuer
VARONIS SYSTEMS INC
CIK 0001361113
Entity typeother
Related Parties
1- filerCIK 0001733035
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 9:00 PM ET
- Size
- 5.9 KB