AI assistant
VERINT SYSTEMS INC — Director's Dealing 2025
Apr 15, 2025
32073_dirs_2025-04-15_0bea31bc-3dde-4fb9-ba6b-a24ffd9a150b.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VERINT SYSTEMS INC (VRNT)
CIK: 0001166388
Period of Report: 2022-04-25
Reporting Person: FANTE PETER (Chief Administrative Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-04-12 | Common Stock | M | 3334 | — | Acquired | 25340 | Direct |
| 2025-04-12 | Common Stock | M | 8994 | — | Acquired | 34334 | Direct |
| 2025-04-12 | Common Stock | F | 1202 | $15.88 | Disposed | 33132 | Direct |
| 2025-04-12 | Common Stock | F | 3243 | $15.88 | Disposed | 29889 | Direct |
| 2025-04-15 | Common Stock | S | 9439 | $16.50 | Disposed | 20450 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-04-25 | Restricted Stock Units | $ | A | 3334 | Acquired | Common Stock (3334) | Direct | |
| 2023-04-20 | Restricted Stock Units | $ | A | 10500 | Acquired | Common Stock (10500) | Direct | |
| 2024-04-22 | Restricted Stock Units | $ | A | 44974 | Acquired | Common Stock (44974) | Direct | |
| 2025-04-12 | Restricted Stock Units | $ | M | 3334 | Disposed | Common Stock (3334) | Direct | |
| 2025-04-12 | Restricted Stock Units | $ | M | 8994 | Disposed | Common Stock (8994) | Direct |
Footnotes
F1: On April 25, 2022, the reporting person was granted 3,334 restricted stock units ("RSUs") subject to time vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. All 3,334 RSUs vested on April 12, 2025.
F2: The reporting person's number of shares of common stock owned was previously overstated by 58,808 shares due to a number of RSUs that should have been reported in Table II instead of Table I on the reporting person's Forms 4 filed on April 27, 2022, April 24, 2023, and April 23, 2024.
F3: On April 22, 2024, the reporting person was granted 44,974 RSUs subject to time vesting. Such RSUs vest in five equal installments on April 12, 2025, September 12, 2025, April 12, 2026, September 12, 2026, and April 12, 2027. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 8,994 of these RSUs vested on April 12, 2025.
F4: Shares withheld to satisfy tax withholding obligation arising upon vesting of RSUs.
F5: Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $16.41 to $16.63 per share.
F6: 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 sold at each separate price.
F7: These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 filed on April 27, 2022.
F8: On April 20, 2023, the reporting person was granted 10,500 RSUs subject to time vesting. Such RSUs vest in three equal installments on June 15, 2025, December 15, 2025, and June 15, 2026. Each RSU represents the right to receive one share of the common stock of the issuer and/or cash upon vesting.
F9: These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 filed on April 24, 2023.
F10: These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 filed on April 23, 2024.