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VERINT SYSTEMS INC Director's Dealing 2010

Apr 14, 2010

32073_dirs_2010-04-14_daac0c51-c1e1-432f-8301-7a6bfada7bd2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERINT SYSTEMS INC (VRNT)
CIK: 0001166388
Period of Report: 2010-04-12

Reporting Person: PARCELL DAVID (Managing Director, EMEA)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-04-12 Common Stock F 5294 $26.75 Disposed 55871 Direct

Footnotes

F1: On November 24, 2009, our board of directors approved a limited stock repurchase program to enable us to offer to repurchase from each executive officer the number of shares necessary to satisfy such officer's minimum tax withholding obligation in connection with equity vesting-related tax events that occur during a company-imposed trading blackout. These shares were repurchased under such program in connection with the vesting for the first 1/3 of the grant previously disclosed on the Form 4 filed on March 6, 2009 (and included in column 5 of Table I at such time).