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VERINT SYSTEMS INC Director's Dealing 2015

Apr 7, 2015

32073_dirs_2015-04-07_02b0df2b-f1f4-4dc8-a8bb-672a869b29ff.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: 2015-04-04

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-04-04 Common Stock A 29189 Acquired 521131 Direct
2015-04-06 Common Stock S 31913 $63.41 Disposed 489218 Direct

Footnotes

F1: Represents the earned portion of the second tranche of the award, for which the performance conditions for vesting lapsed on April 4, 2015 as a result of the Company's achievement of specified performance goals for the period from February 1, 2014 through January 31, 2015 and the filing of the Company's Annual Report on Form 10-K for such period.

F2: Amount sold to satisfy applicable tax withholding resulting from the vesting of restricted stock units on April 4, 2015, including those reported on row 1 of Table 1 of this Form 4.

F3: Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $61.90 per share to $63.83 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.