Fante Peter's Form 4 filing
Verint Systems Inc (VRNT) · filed Apr 15, 2025
- Accession no.
- 0001166388-25-000055
- Filed
- Apr 15, 2025
- Trade date
- Apr 25, 2022-Apr 15, 2025
- Filing delay
- 1,086 daysLate
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions and 5 derivative transactions. Open-market sales total $155.7K. It was filed 1086 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Fante PeterCIK 0001208487 | Officer (Chief Administrative Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 12, 2025 | Common Stock | MOption exerciseAcquired | +3,334 | $0.00F1 | $0 | 25,340 | Direct | |
| Apr 12, 2025 | Common Stock | MOption exerciseAcquired | +8,994 | $0.00F3 | $0 | 34,334 | Direct | |
| Apr 12, 2025 | Common Stock | FTax withholdingDisposed | −1,202 | $15.88F1,F4 | −$19,087.76 | 33,132 | Direct | |
| Apr 12, 2025 | Common Stock | FTax withholdingDisposed | −3,243 | $15.88F3,F4 | −$51,498.84 | 29,889 | Direct | |
| Apr 15, 2025 | Common Stock | SSaleDisposed | −9,439 | $16.50F5,F6 | −$155,743.5 | 20,450 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 25, 2022 | Common Stock | AGrant or awardAcquired | +3,334 | –F1 | – | 3,334 | Direct | |
| Apr 20, 2023 | Common Stock | AGrant or awardAcquired | +10,500 | –F8 | – | 13,834 | Direct | |
| Apr 22, 2024 | Common Stock | AGrant or awardAcquired | +44,974 | –F3 | – | 58,808 | Direct | |
| Apr 12, 2025 | Common Stock | MOption exerciseDisposed | −3,334 | –F1 | – | 55,474 | Direct | |
| Apr 12, 2025 | Common Stock | MOption exerciseDisposed | −8,994 | –F3 | – | 46,480 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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.
Referenced by the price of 2 transactions in Table I and 2 transactions in Table II.
- 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.
Referenced by the price of 2 transactions in Table I and 2 transactions in Table II.
- F4
Shares withheld to satisfy tax withholding obligation arising upon vesting of RSUs.
Referenced by the price of 2 transactions in Table I.
- 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table II.