VERINT SYSTEMS INC — Director's Dealing 2010

Sep 21, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERINT SYSTEMS INC (VRNT)
CIK: 0001166388
Period of Report: 2010-09-20

Reporting Person: SPERLING MEIR (President, ACS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-20	Common Stock	M	25000	$17.00	Acquired	93258	Direct
2010-09-20	Common Stock	S	25000	$25.00	Disposed	68258	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-20	Employee stock option (right to buy)	$17.00	M	25000	Disposed	2013-03-05	Common Stock (25000)	Direct

Footnotes

F1: Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $25.00 per share to $25.03 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: These options vested 25% on 3/5/04, 25% on 3/5/05, 25% on 3/5/06, and 25% on 3/5/07.