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