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VERINT SYSTEMS INC — Director's Dealing 2025
Apr 14, 2025
32073_dirs_2025-04-14_19d9ef0f-a188-42cc-b3e2-61d559140c7d.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: 2024-04-22
Reporting Person: GOLD STEPHEN J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-04-10 | Common Stock | M | 6859 | — | Acquired | 31217 | Direct |
| 2025-04-10 | Common Stock | S | 2744 | $16.07 | Disposed | 28473 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-22 | Restricted Stock Units | $ | A | 6859 | Acquired | Common Stock (6859) | Direct | |
| 2025-04-10 | Restricted Stock Units | $ | M | 6859 | Disposed | Common Stock (6859) | Direct |
Footnotes
F1: On April 22, 2024, the reporting person was granted 6,859 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 6,859 RSUs vested on April 10, 2025.
F2: The reporting person's number of shares of common stock owned was previously overstated by 6,859 shares due to the number of RSUs that should have been reported in Table II instead of Table I on the reporting person's Form 4 filed on April 24, 2024.
F3: Amount withheld by the issuer to satisfy applicable tax withholding resulting from the vesting on April 10, 2025 of a previously disclosed award of RSUs.
F4: Represents the price per share utilized by the issuer to calculate the number of shares to be withheld to satisfy the applicable tax withholding, which price was equal to the closing price of the issuer's common stock on the last trading day prior to the vesting of the related RSU award.
F5: These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 filed on April 24, 2024.