Grant A. Highlander - May 31, 2023 Form 4 Insider Report for VERINT SYSTEMS INC (VRNT)

Role
Chief Financial Officer
Signature
/s/ Peter D. Fante, as Attorney-in-Fact for Grant A. Highlander
Stock symbol
VRNT
Transactions as of
May 31, 2023
Transactions value $
-$24,514
Form type
4
Date filed
6/14/2023, 04:19 PM
Previous filing
Apr 24, 2023
Next filing
Jun 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNT Common Stock Award $0 +4.74K +5.7% $0.00 87.9K May 31, 2023 Direct F1
transaction VRNT Common Stock Sale -$24.5K -662 -0.75% $37.03 87.3K Jun 13, 2023 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the unvested portion of restricted stock units granted on May 31, 2023 pursuant to the Company's previously disclosed Stock Bonus Program for the year ended January 31, 2023 under which the reporting person elected to receive such number of shares of the Company's common stock at fair market value in lieu of a portion of his cash bonus for such fiscal year, which award vested on June 13, 2023.
F2 Amount sold to satisfy applicable tax withholding resulting from the vesting of previously issued restricted stock units that vested on June 10, 2023.
F3 Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $36.77 to $37.33 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 sold at each separate price.