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VERINT SYSTEMS INC — Director's Dealing 2013
Jun 18, 2013
32073_dirs_2013-06-18_deefd4df-da2e-49d0-8c08-29f657d8dfde.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: 2013-06-15
Reporting Person: MORIAH ELAN (President, EIS & VIS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-06-15 | Common Stock | A | 3399 | — | Acquired | 55159 | Direct |
| 2013-06-17 | Common Stock | S | 3934 | $34.00 | Disposed | 51225 | Direct |
Footnotes
F1: Represents the earned portion of the second 1/3 of the award, for which the performance conditions for vesting lapsed on June 15, 2013 as a result of the Companys achievement of specified performance goals for the period from February 1, 2012 through January 31, 2013 and the filing of the Companys Annual Report on Form 10-K for such period. The vesting of the remaining 1/3 of the award (which is not included in Table I) remains subject to the determination of the achievement of certain performance goals.
F2: Amount sold to satisfy tax witholding.
F3: Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $33.98 per share to $34.10 per share.
F4: 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.