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VERINT SYSTEMS INC Director's Dealing 2011

Jan 14, 2011

32073_dirs_2011-01-14_4e413df4-5ad9-4a9b-998b-5d8a4d72ec32.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: 2011-01-13

Reporting Person: COMVERSE TECHNOLOGY INC/NY/ (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-13 Common Stock S 300000 $35 Disposed 16289023 Direct

Footnotes

F1: On January 13, 2011, pursuant to an underwriting agreement, dated January 10, 2011, among Comverse Technology, Inc. ("Comverse"), Verint Systems Inc. ("Verint") and the representative of the underwriters named therein, the underwriters exercised their option to purchase an aggregate of 300,000 additional shares of Common Stock at the public offering price of $35.00 per share less the underwriting discounts and commissions.