VARONIS SYSTEMS INC
For the period ended Mar 31, 2024. Filed May 7, 2024.
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Mar 31, 2024 · Filed May 7, 2024
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Item 5. Other Information
| Item 5. | Other Information |
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On March 14, 2024, James O’Boyle, our Vice Chairman – Sales, entered into a Rule 10b5–1 trading arrangement. Mr. O’Boyle’s arrangement includes the potential sale of up to 175,000 shares of our common stock, and expires on December 12, 2024, unless earlier terminated in accordance with the provisions of the arrangement. Mr. O’Boyle’s arrangement is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act.
Except as described above, during the fiscal quarter ended March 31, 2024, no director or officer of the Company adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.
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