VERINT SYSTEMS INC — Director's Dealing 2014

Apr 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERINT SYSTEMS INC (VRNT)
CIK: 0001166388
Period of Report: 2014-04-10

Reporting Person: BODNER DAN (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-10	Common Stock	A	21855	—	Acquired	475150	Direct
2014-04-10	Common Stock	A	24095	—	Acquired	499875	Direct
2014-04-11	Common Stock	S	12592	$44.69	Disposed	487283	Direct

Footnotes

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

F2: Represents the earned portion of the second 1/3 of the award, for which the performance conditions for vesting lapsed on April 10, 2014 as a result of the Company's achievement of specified performance goals for the period from February 1, 2013 through January 31, 2014 and the filing of the Company's 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.

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 $44.25 per share to $45.08 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.