VERINT SYSTEMS INC — Director's Dealing 2010

Feb 8, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERINT SYSTEMS INC (VRNT)
CIK: 0001166388
Period of Report: 2010-01-11

Reporting Person: FANTE PETER (Chief Legal Officer & CCO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-11	Common Stock	F	765	$19.00	Disposed	97534	Direct

Footnotes

F1: The Company repurchased these shares to enable the reporting person to make required tax payments resulting from the vesting of 1,750 shares of restricted stock previously granted under the Company's Stock Incentive Compensation Plan. On November 24, 2009, our board of directors approved a limited stock repurchase program (the "Officer 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. Our executive officers are not obligated to participate in the Officer Repurchase Program, which is effective through the date we file our Annual Report on Form 10-K for the year ending January 31, 2010 and is not limited to a set number of shares.