| Accession Number: | 0001171843-20-004784 |
| Date: | 2020-07-01 |
| Issuer: | VARONIS SYSTEMS INC (VRNS) |
| Original Submission Date: |
MELAMED GUY
C/O VARONIS SYSTEMS, INC.
1250 BROADWAY, 29TH FLOOR
NEW YORK, NY 10001
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK, PAR VALUE $0.001 PER SHARE | 2020-07-01 | S | 13,553 | d | $94.61 | 177,286 | direct | ||
| COMMON STOCK, PAR VALUE $0.001 PER SHARE | 2020-07-02 | S | 7,509 | d | $95.28 | 169,777 | direct |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|
| ID | footnote |
|---|---|
| f1 | these sales were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person in 2019. |
| f2 | the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $94.50 - $95.12, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the securities and exchange commission, upon request, full information regarding the number of shares sold at each separate price within the above range. |
| f3 | the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $ $94.72 - $96.34, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the securities and exchange commission, upon request, full information regarding the number of shares sold at each separate price within the above range. |
