O'Boyle James's Form 4 filing
Varonis Systems IncVRNS · filed Sep 17, 2021
- Accession no.
- 0001213900-21-048701
- Filed
- Sep 17, 2021
- Trade date
- Sep 17, 2021
- Filing delay
- Same day
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 5 non-derivative transactions and 3 derivative transactions. Open-market sales total $7.21M. It was filed on the trade date.
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 |
|---|---|
| O'Boyle JamesCIK 0001601169 | Officer (SVP of Worldwide Sales) |
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 |
|---|---|---|---|---|---|---|---|---|
| Sep 17, 2021 | Common stock, par value $0.001 per share | MOption exerciseAcquired | +53,484 | $7.34 | +$392,572.56 | 358,702 | Direct | |
| Sep 17, 2021 | Common stock, par value $0.001 per share | MOption exerciseAcquired | +19,464 | $9.96 | +$193,861.44 | 378,166 | Direct | |
| Sep 17, 2021 | Common stock, par value $0.001 per share | MOption exerciseAcquired | +31,875 | $5.66 | +$180,412.5 | 410,041 | Direct | |
| Sep 17, 2021 | Common stock, par value $0.001 per share | SSaleDisposed | −96,894 | $68.71F1 | −$6,657,586.74 | 313,147 | Direct | |
| Sep 17, 2021 | Common stock, par value $0.001 per share | SSaleDisposed | −7,929 | $69.30F2 | −$549,479.7 | 305,218 | 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 |
|---|---|---|---|---|---|---|---|---|
| Sep 17, 2021 | Common Stock | MOption exerciseDisposed | −53,484 | $0.00 | $0 | 0 | Direct | |
| Sep 17, 2021 | Common Stock | MOption exerciseDisposed | −19,464 | $0.00 | $0 | 0 | Direct | |
| Sep 17, 2021 | Common Stock | MOption exerciseDisposed | −31,875 | $0.00 | $0 | 0 | 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
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.03 to $69.02, 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 range set forth herein.
Referenced by the price of 1 transaction in Table I.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.03 to $69.60, 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 range set forth herein.
Referenced by the price of 1 transaction in Table I.
Remarks
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 amounts of securities reported on this Form 4, including option exercise prices and numbers of shares underlying options, have been adjusted to reflect the Stock Split.