VERINT SYSTEMS INC — Director's Dealing 2021

Feb 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERINT SYSTEMS INC (VRNT)
CIK: 0001166388
Period of Report: 2021-02-01

Reporting Person: FANTE PETER (Chief Administrative Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-01	Common Stock	A	3750	—	Acquired	44325	Direct
2021-02-01	Common Stock	A	2500	—	Acquired	46825	Direct

Footnotes

F1: Vesting of 3750 performance-based restricted stock units upon completion of the Company's separation into two independent publicly traded companies, incremental to the 3,750 restricted stock units previously disclosed on August 26, 2020 on Form 4. Each restricted stock unit represents the right to receive one share of the registrant's common stock on the day the shares are delivered.

F2: Grant of time-based restricted stock units vesting on November 1, 2021 which were previously subject to a performance condition that was satisfied upon the completion of the Company's separation into two independent publicly traded companies. Each restricted stock unit represents the right to receive one share of the registrant's common stock on the day the shares are delivered.

F3: The number of unvested awards held by the reporting person, including the number of shares being reported on this form that are vesting in connection with the closing of the Company's separation transaction, is subject to adjustment pursuant to the terms of the Employee Matters Agreement entered into in connection with the Company's separation transaction and will be updated on a future Form 4 after such adjustment has been finalized.