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VERINT SYSTEMS INC Director's Dealing 2016

Apr 12, 2016

32073_dirs_2016-04-12_6d5850ae-f857-4c92-b73d-f0c4cb8dfe45.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: 2016-04-08

Reporting Person: Robinson Douglas (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-04-08 Common Stock A 10599 Acquired 146217 Direct
2016-04-11 Common Stock S 5497 $34.61 Disposed 140720 Direct

Footnotes

F1: Represents the earned portion of the award, for which the performance conditions for vesting were satisfied on April 8, 2016 based on the Company's level of achievement of specified performance goals for the period from February 1, 2014 through January 31, 2016 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 8, 2015.

F3: Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $34.11 per share to $35.25 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.