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VERINT SYSTEMS INC Director's Dealing 2012

Jan 3, 2012

32073_dirs_2012-01-03_3e459e63-ee23-4e2d-a77f-68e79467e42c.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: 2011-12-29

Reporting Person: SAFIR HOWARD (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-12-29 Common Stock M 3000 $19.83 Acquired 11575 Direct
2011-12-29 Common Stock S 3000 $27.05 Disposed 8575 Direct
2011-12-29 Common Stock M 3000 $19.83 Acquired 11575 Direct
2011-12-29 Common Stock S 3000 $27.05 Disposed 8575 Direct
2011-12-29 Common Stock S 5070 $27.10 Disposed 3505 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-12-29 Employee stock option (right to buy) $19.83 M 3000 Disposed 2013-05-22 Common Stock (3000) Direct
2011-12-29 Employee stock option (right to buy) $19.83 M 3000 Disposed 2013-05-22 Common Stock (3000) Direct

Footnotes

F1: Represents the weighted avearage price for sales of the shares. The shares were sold at prices ranging from $26.87 per share to $27.17 per share.

F2: Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $27.09 per share to $27.10 per share.

F3: 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.

F4: The options fully vested on 5/24/2004.