0001171843-22-000829.txt : 20220207 0001171843-22-000829.hdr.sgml : 20220207 20220207214544 ACCESSION NUMBER: 0001171843-22-000829 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220203 FILED AS OF DATE: 20220207 DATE AS OF CHANGE: 20220207 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Faitelson Yakov CENTRAL INDEX KEY: 0001601074 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36324 FILM NUMBER: 22599143 MAIL ADDRESS: STREET 1: C/O VARONIS SYSTEMS, INC. STREET 2: 1250 BROADWAY, 31ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: VARONIS SYSTEMS INC CENTRAL INDEX KEY: 0001361113 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 571222280 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1250 BROADWAY, 31ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 877-292-8767 MAIL ADDRESS: STREET 1: 1250 BROADWAY, 31ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 4 1 ownership.xml X0306 4 2022-02-03 0 0001361113 VARONIS SYSTEMS INC VRNS 0001601074 Faitelson Yakov C/O VARONIS SYSTEMS, INC. 1250 BROADWAY, 29TH FLOOR NEW YORK NY 10001 1 1 0 0 CEO, President, Chairman Common Stock, par value $0.001 per share 2022-02-03 4 A 0 78612 0 A 647817 D Common Stock, par value $0.001 per share 2022-02-03 4 A 0 67491 0 A 715308 D See Remarks Represents shares earned by the reporting person for no consideration under certain performance-vesting restricted stock units (the "2021 PSUs"), which were granted to the reporting person pursuant to the 2013 Plan. The 2021 PSUs were earned subject to the satisfaction of certain annual revenue goals for the 2021 fiscal year, the performance of which was certified by the Issuer's compensation committee on February 3, 2022. The PSUs shall vest on February 29, 2024, subject to continued employment through such date. Represents shares earned by the reporting person for no consideration under the final tranche of performance-vesting restricted stock units, which were granted to the reporting person pursuant to the Issuer's 2013 Omnibus Equity Incentive Plan (the "2013 Plan") on February 14, 2019, as amended on June 25, 2019 (the "2019 PSUs"). The 78,612 shares underlying such 2019 PSUs were earned subject to the satisfaction of certain target subscription revenue percentages for the 2021 fiscal year, the performance of which was certified by the Issuer's compensation committee on February 3, 2022. These 78,612 2019 PSUs shall vest on February 28, 2022, subject to the reporting person's continued employment through such date. Additionally, upon such vesting date and after all applicable tax withholding, the shares earned and vested in respect of the prior two tranches of 2019 PSUs (earned for performance in the 2019 and 2020 fiscal years) will be released from escrow and paid along with the 2019 PSUs reported herein. /s/ Ofer Margalit as attorney-in-fact 2022-02-07