VERINT SYSTEMS INC — Director's Dealing 2010

Sep 23, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERINT SYSTEMS INC (VRNT)
CIK: 0001166388
Period of Report: 2010-09-22

Reporting Person: MORIAH ELAN (President, WAS & VIS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-22	Common Stock	M	2446	$16.00	Acquired	65576	Direct
2010-09-22	Common Stock	S	2446	$25.00	Disposed	63130	Direct
2010-09-22	Common Stock	M	9462	$17.00	Acquired	72592	Direct
2010-09-22	Common Stock	S	9462	$25.00	Disposed	63130	Direct
2010-09-22	Common Stock	M	10538	$17.00	Acquired	73668	Direct
2010-09-22	Common Stock	S	10538	$25.00	Disposed	63130	Direct
2010-09-22	Common Stock	S	7333	$25.00	Disposed	55797	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-22	Employee stock option (right to buy)	$16.00	M	2446	Disposed	2012-05-16	Common Stock (2446)	Direct
2010-09-22	Employee stock option (right to buy)	$17.00	M	9462	Disposed	2013-03-05	Common Stock (9462)	Direct
2010-09-22	Employee stock option (right to buy)	$17.00	M	10538	Disposed	2013-03-05	Common Stock (10538)	Direct

Footnotes

F1: These options vested on 2/1/06.

F2: These options vested 38% on 3/5/06 and 62% on 3/5/07.

F3: These options vested 61% on 3/5/06 and 39% on 3/5/07.