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VERINT SYSTEMS INC — Director's Dealing 2016
Jun 21, 2016
32073_dirs_2016-06-21_9452ba82-0a3a-4135-9ffa-c2ab910fb4d2.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: 2016-06-17
Reporting Person: MORIAH ELAN (President, EIS & VIS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-17 | Common Stock | A | 5047 | — | Acquired | 97330 | Direct |
| 2016-06-20 | Common Stock | S | 2639 | $35.34 | Disposed | 94691 | Direct |
| 2016-06-20 | Common Stock | S | 299 | $35.34 | Disposed | 94392 | Direct |
Footnotes
F1: Shares of common stock delivered pursuant to the Company's Stock Bonus Program for the program period ended January 31, 2016. The reporting person elected to receive these shares in lieu of a corresponding portion of his cash bonus.
F2: Amount sold to satisfy applicable tax withholding upon the delivery of the common stock disclosed on Row 1, 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 $34.75 per share to $35.54 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.
F5: Amount sold to satisfy applicable tax withholding upon the vesting of incentive shares under the Company's Stock Bonus Program for the program period ended January 31, 2015, the grant of which was included within the total award reported on the reporting person's Form 4 filed on June 18, 2015.