4//SEC Filing
Faitelson Yakov 4
Accession 0001213900-24-041857
CIK 0001361113other
Filed
May 9, 8:00 PM ET
Accepted
May 10, 6:49 PM ET
Size
31.6 KB
Accession
0001213900-24-041857
Insider Transaction Report
Form 4
Faitelson Yakov
DirectorCEO, President, Chairman10% Owner
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2024-05-09$5.62/sh+12,543$70,533→ 1,452,922 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2024-05-09$9.96/sh+100,626$1,002,235→ 1,737,133 total - Sale
Common Stock, par value $0.001 per share
2024-05-09$45.23/sh−284,211$12,855,460→ 1,452,922 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2024-05-09$7.00/sh+71,415$499,905→ 1,436,005 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2024-05-09$9.96/sh+4,374$43,565→ 1,440,379 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2024-05-09$7.00/sh+183,585$1,285,095→ 1,636,507 total - Exercise/Conversion
Stock Option (right to buy)
2024-05-09−12,543→ 47,457 totalExercise: $5.62Exp: 2026-02-14→ Common Stock (12,543 underlying) - Exercise/Conversion
Stock Option (right to buy)
2024-05-09−100,626→ 0 totalExercise: $9.96Exp: 2025-02-17→ Common Stock (100,626 underlying) - Exercise/Conversion
Stock Option (right to buy)
2024-05-10−47,457→ 0 totalExercise: $5.62Exp: 2026-02-14→ Common Stock (47,457 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2024-05-10$5.62/sh+47,457$266,865→ 1,500,379 total - Sale
Common Stock, par value $0.001 per share
2024-05-10$44.53/sh−47,457$2,113,460→ 1,452,922 total - Exercise/Conversion
Stock Option (right to buy)
2024-05-09−71,415→ 183,585 totalExercise: $7.00Exp: 2024-08-04→ Common Stock (71,415 underlying) - Exercise/Conversion
Stock Option (right to buy)
2024-05-09−4,374→ 100,626 totalExercise: $9.96Exp: 2025-02-17→ Common Stock (4,374 underlying) - Exercise/Conversion
Stock Option (right to buy)
2024-05-09−183,585→ 0 totalExercise: $7.00Exp: 2024-08-04→ Common Stock (183,585 underlying)
Holdings
- 4,941(indirect: By Spouse)
Common Stock, par value $0.001 per share
- 253,384(indirect: By Trust)
Common Stock, par value $0.001 per share
Footnotes (3)
- [F1]The reporting person acquired these shares by the exercise of incentive stock options, certain of which have upcoming expiration dates in August 2024 and February 2025. These shares have not been sold by the reporting person.
- [F2]The reporting person acquired these shares by the exercise of non-qualifying stock options, certain of which have upcoming expiration dates in August 2024 and February 2025. The reporting person then sold such shares in multiple transactions on May 9, 2024 and May 10, 2024, at prices ranging from $44.75 to $45.62 on May 9, 2024 and $44.28 to $45.18 on May 10, 2024 (with the prices reported for such sales in Column 4 representing a weighted average price).
- [F3]The stock options vested and became exercisable over various vesting schedules reported on the reporting person's prior Form 4s, becoming fully exercisable on the following dates: with respect to the stock options with a $7.00 exercise price, August 7, 2018; with respect to the stock options with a $9.96 exercise price, March 20, 2020; and with respect to the stock options with a $5.6233 exercise price, March 17, 2021.
Documents
Issuer
VARONIS SYSTEMS INC
CIK 0001361113
Entity typeother
Related Parties
1- filerCIK 0001601074
Filing Metadata
- Form type
- 4
- Filed
- May 9, 8:00 PM ET
- Accepted
- May 10, 6:49 PM ET
- Size
- 31.6 KB