VERINT SYSTEMS INC — Director's Dealing 2020

Aug 28, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERINT SYSTEMS INC (VRNT)
CIK: 0001166388
Period of Report: 2020-08-26

Reporting Person: FANTE PETER (Chief Administrative Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-26	Common Stock	A	15500	—	Acquired	45993	Direct
2020-08-26	Common Stock	A	5348	—	Acquired	51341	Direct
2020-08-26	Common Stock	A	3750	—	Acquired	55091	Direct

Footnotes

F1: Grant of restricted stock units vesting 25% on April 8, 2021, 25% on September 8, 2021, 25% on April 8, 2022, and 25% on September 8, 2022.

F2: Grant of restricted stock units vesting on September 15, 2020 and made 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 in lieu of his cash bonus payment.

F3: Represents the minimum number of shares that may be earned under a performance-based incentive award granted to the reporting person in connection with the Company's previously-announced plan to separate into two independent publicly traded companies. This minimum number of shares will vest on the earlier of the consummation of the separation transaction or July 1, 2021.