VERINT SYSTEMS INC — Director's Dealing 2010

Dec 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERINT SYSTEMS INC (VRNT)
CIK: 0001166388
Period of Report: 2010-12-20

Reporting Person: SAFIR HOWARD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-20	Common Stock	M	3000	$16.00	Acquired	14000	Direct
2010-12-20	Common Stock	S	3000	$31.65	Disposed	11000	Direct
2010-12-20	Common Stock	M	2000	$16.00	Acquired	13000	Direct
2010-12-20	Common Stock	S	2000	$31.65	Disposed	11000	Direct
2010-12-20	Common Stock	S	1350	$31.65	Disposed	9650	Direct
2010-12-21	Common Stock	S	2580	$31.29	Disposed	7070	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-20	Employee stock option (right to buy)	$16.00	M	3000	Disposed	2012-05-21	COmmon Stock (3000)	Direct
2010-12-20	Employee stock option (right to buy)	$16.00	M	2000	Disposed	2012-05-21	Common Stock (2000)	Direct

Footnotes

F1: Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $31.50 per share to $31.79 per share.

F2: 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 purchased or sold at each separate price.

F3: Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $31.14 per share to $31.38 per share.

F4: These options vested in four equal installments on 6/3/2002, 8/28/2002, 11/20/2002 and 2/26/2003.

F5: These options vested on February 1, 2001.