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VERINT SYSTEMS INC — Director's Dealing 2014
Jun 13, 2014
32073_dirs_2014-06-13_87fc1249-65a8-476c-a1a7-fa7649a3b6bb.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: 2014-06-11
Reporting Person: Robinson Douglas (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-06-11 | Common Stock | A | 1555 | — | Acquired | 124459 | Direct |
| 2014-06-11 | Common Stock | F | 802 | $48.90 | Disposed | 123657 | Direct |
| 2014-06-11 | Common Stock | A | 233 | — | Acquired | 123890 | Direct |
Footnotes
F1: Shares of common stock delivered pursuant to the Company's previously disclosed Stock Bonus Program whereby the reporting person elected to receive such number of shares of the Company's common stock at fair market value in lieu of his cash bonus payment.
F2: The Company withheld these shares in satisfaction of the reporting person's obligation to fund applicable tax withholding resulting from the delivery of 1,555 shares of common stock to the reporting person on June 11, 2014 pursuant to the Company's previously disclosed Stock Bonus Program and reported on row 1 of Table I of this Form 4.
F3: Grant of restricted stock units attributable to "Incentive Shares" made pursuant to the Company's previously disclosed Stock Bonus Program that vest 100% on June 11, 2015.