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VERINT SYSTEMS INC — Director's Dealing 2016
Apr 6, 2016
32073_dirs_2016-04-06_bb11272e-5ae4-4f51-afa1-9e7032bf2a22.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: 2016-04-04
Reporting Person: MORIAH ELAN (President, EIS & VIS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-04-04 | Common Stock | A | 4888 | — | Acquired | 75716 | Direct |
| 2016-04-05 | Common Stock | S | 5151 | $32.83 | Disposed | 70565 | Direct |
Footnotes
F1: Represents the earned portion of the final 1/3 of the award, for which the performance conditions for vesting were satisfied on April 4, 2016 based on the Company's level of achievement of specified performance goals for the period from February 1, 2015 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 4, 2016, 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 $32.50 per share to $33.20 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.