VERINT SYSTEMS INC — Director's Dealing 2013

Apr 12, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERINT SYSTEMS INC (VRNT)
CIK: 0001166388
Period of Report: 2013-04-10

Reporting Person: FANTE PETER (Chief Legal Officer & CCO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-10	Common Stock	A	4433	—	Acquired	16570	Direct
2013-04-10	Common Stock	A	4112	—	Acquired	20682	Direct
2013-04-11	Common Stock	S	3210	$34.63	Disposed	17472	Direct

Footnotes

F1: Represents the earned portion of the first 1/3 of this award that vested on April 10, 2013. The remaining tranches of this award (which represent a contingent right to receive Verint Common Stock upon the applicable vesting date) are scheduled to vest on April 10, 2014 and April 10, 2015 (and are not included in Table I).

F2: Represents the earned portion of the first 1/3 of the award, for which the performance conditions for vesting lapsed on April 10, 2013 as a result of the Company's achievement of specified performance goals for the period from February 1, 2012 through January 31, 2013 and the filing of the Company's Annual Report on Form 10-K for such period. The vesting of the remaining 2/3 of the award (which is not included in Table I) remains subject to the determination of the achievement of certain performance goals.

F3: Amount sold to satisfy tax witholding.

F4: Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $34.41 per share to $34.82 per share.

F5: 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.