VERINT SYSTEMS INC — Director's Dealing 2010

Apr 15, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERINT SYSTEMS INC (VRNT)
CIK: 0001166388
Period of Report: 2010-04-13

Reporting Person: Robinson Douglas (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-13	Common Stock	F	6301	$27.00	Disposed	156522	Direct
2010-04-13	Common Stock	F	4740	$27.00	Disposed	151782	Direct
2010-04-13	Common Stock	F	6125	$27.00	Disposed	145657	Direct
2010-04-13	Common Stock	F	2912	$27.00	Disposed	142745	Direct
2010-04-13	Common Stock	F	3571	$27.00	Disposed	139174	Direct
2010-04-13	Common Stock	F	3492	$27.00	Disposed	135682	Direct

Footnotes

F1: The Company repurchased these shares to enable the reporting person to make required tax payments resulting from the delivery of 16,800 shares of common stock previously granted under the Company's Stock Incentive Compensation Plan on July 2, 2007 and reported on row 1 of Table I of the Form 4s filed on July 5, 2007 and May 26, 2009.

F2: The Company repurchased these shares to enable the reporting person to make required tax payments resulting from the delivery of 11,610 shares of common stock previously granted under the Company's Stock Incentive Compensation Plan on July 2, 2007 and reported on row 2 of Table I of the Form 4s filed on July 5, 2007 and May 26, 2009.

F3: The Company repurchased these shares to enable the reporting person to make required tax payments resulting from the delivery of 12,900 shares of common stock previously granted under the Company's Stock Incentive Compensation Plan on July 2, 2007 and reported on row 3 of Table I of the Form 4s filed on July 5, 2007 and May 26, 2009.

F4: The Company repurchased these shares to enable the reporting person to make required tax payments resulting from the delivery of 7,767 shares of common stock previously granted under the Company's Stock Incentive Compensation Plan on July 2, 2007 and reported on row 4 of Table I of the Form 4 filed on May 26, 2009.

F5: The Company repurchased these shares to enable the reporting person to make required tax payments resulting from the delivery of 7,519 shares of common stock previously granted under the Company's Stock Incentive Compensation Plan on May 28, 2008 and reported on row 5 of Table I of the Form 4 filed on May 26, 2009.

F6: The Company repurchased these shares to enable the reporting person to make required tax payments resulting from the delivery of 7,518 shares of common stock previously granted under the Company's Stock Incentive Compensation Plan on May 28, 2008 and reported on row 6 of Table I of the Form 4 filed on May 26, 2009.

F7: On November 24, 2009, our board of directors approved a limited stock repurchase program (the "Officer Repurchase Program") for purposes of repurchasing 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.