DAN BODNER - 06 Apr 2022 Form 4 Insider Report for VERINT SYSTEMS INC (VRNT)

Role
Chairman & CEO, Director
Signature
/s/ Peter D. Fante, as Attorney-in-Fact for Dan Bodner
Issuer symbol
VRNT
Transactions as of
06 Apr 2022
Net transactions value
-$2,025,659
Form type
4
Filing time
08 Apr 2022, 16:24:35 UTC
Previous filing
13 Dec 2021
Next filing
13 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNT Common Stock Award $0 +51,023 +5.3% $0.000000 1,016,603 06 Apr 2022 Direct F1
transaction VRNT Common Stock Sale $2,025,659 -40,120 -3.9% $50.49 976,483 07 Apr 2022 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the earned portion of a previously-granted PSU award which vested on April 6, 2022 based on the Company's level of achievement of specified performance goals for the period from February 1, 2019 through January 31, 2022 and the filing of the Company's Annual Report on Form 10-K for the year ended January 31, 2022.
F2 Amount sold to satisfy applicable tax withholding on the vesting of the PSUs included on line 1 and of previously disclosed RSUs that also vested on April 6, 2022.
F3 Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $49.94 to 50.68 per share.
F4 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.