RAZ GILAD enters VARONIS SYSTEMS INC with 55.23K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Derivatives

RAZ GILAD

Filed: 11/5/2018ACC: 0001171843-18-007606

InsiderRAZ GILADCIK 1758114

→

IssuerVARONIS SYSTEMS INCCIK 1361113

Officer· CIO & VP of Technical Services

Since Oct 2018

55.23K

Baseline shares

100% direct

55.23K

Direct ownership

1 position

17.30K

Derivative underlying

6 instruments

Security positions

All direct

Non-Derivative Holdings1

Common stock, par value $0.001 per share

Direct

Shares owned55.23K

Total

55.23K direct55.23K

Security Title	Shares Owned	Ownership Type
Common stock, par value $0.001 per share	55.23K	Direct
Total	55.23K	55.23K direct

Derivative Holdings6

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

8.79K

Shares owned

N/A

Exercise price

22.01

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

1.82K

Shares owned

N/A

Exercise price

21.66

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

1.47K

Shares owned

N/A

Exercise price

1.576

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

1.67K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

1.50K

Shares owned

N/A

Exercise price

39.86

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

2.05K

Shares owned

N/A

Exercise price

29.88

Expiration

—

Exercise window

—

Total

Underlying

17.30K

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Option (right to buy) Direct	Common Stock	22.01	—	—	8.79K	N/A
Stock Option (right to buy) Direct	Common Stock	21.66	—	—	1.82K	N/A
Stock Option (right to buy) Direct	Common Stock	1.576	—	—	1.47K	N/A
Stock Option (right to buy) Direct	Common Stock	21	—	—	1.67K	N/A
Stock Option (right to buy) Direct	Common Stock	39.86	—	—	1.50K	N/A
Stock Option (right to buy) Direct	Common Stock	29.88	—	—	2.05K	N/A
Total					17.30K	0.00