VRNS

SEC source: 0000899243-17-003800 · doc4.xml · nonDerivative · entry 3

ACCEL EUROPE ASSOCIATES LLC · CIK 0001248544 · 10% owner

ACCEL EUROPE ASSOCIATES LP · CIK 0001248541 · 10% owner

Accel Europe Investors 2004 L.P. · CIK 0001376765 · 10% owner

ACCEL EUROPE L P · CIK 0001131492 · 10% owner

SWARTZ JAMES R · CIK 0001219237 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 16,490

F1 · kind: Represents a pro rata distribution, and not a purchase or sale, without additional consideration by Accel Europe L.P. ("AE") and Accel Europe Investors 2004 L.P. ("AEI") to their respective limited and general partners.

F4 · ownership.nature: The reportable securities are owned directly by James R. Swartz.

SEC source: 0000899243-17-003800 · doc4.xml · nonDerivative · entry 2

ACCEL EUROPE ASSOCIATES LLC · CIK 0001248544 · 10% owner

ACCEL EUROPE ASSOCIATES LP · CIK 0001248541 · 10% owner

Accel Europe Investors 2004 L.P. · CIK 0001376765 · 10% owner

ACCEL EUROPE L P · CIK 0001131492 · 10% owner

SWARTZ JAMES R · CIK 0001219237 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 62,745

F1 · kind: Represents a pro rata distribution, and not a purchase or sale, without additional consideration by Accel Europe L.P. ("AE") and Accel Europe Investors 2004 L.P. ("AEI") to their respective limited and general partners.

F3 · ownership.nature: The reportable securities are owned directly by AEI. The AEA Managers are the managers of AEA LLC. AEA LLC is the general partner of AEI. The AEA Managers and AEA LLC may be deemed to share voting and investment power over the shares held by AEI and each disclaim beneficial ownership of shares held by AEI except to the extent of any pecuniary interest therein.

SEC source: 0000899243-17-003800 · doc4.xml · nonDerivative · entry 1

ACCEL EUROPE ASSOCIATES LLC · CIK 0001248544 · 10% owner

ACCEL EUROPE ASSOCIATES LP · CIK 0001248541 · 10% owner

Accel Europe Investors 2004 L.P. · CIK 0001376765 · 10% owner

ACCEL EUROPE L P · CIK 0001131492 · 10% owner

SWARTZ JAMES R · CIK 0001219237 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 2,618,712

F1 · kind: Represents a pro rata distribution, and not a purchase or sale, without additional consideration by Accel Europe L.P. ("AE") and Accel Europe Investors 2004 L.P. ("AEI") to their respective limited and general partners.

F2 · ownership.nature: The reportable securities are owned directly by AE. James R. Swartz and Kevin Comolli (collectively, the "AEA Managers") are the managers of Accel Europe Associates L.L.C. ("AEA LLC"). AEA LLC is the general partner of Accel Europe Associates L.P. ("AEA LP"), which is the general partner of AE. The AEA Managers, AEA LLC and AEA LP may be deemed to share voting and investment power over the shares held by AE and each disclaim beneficial ownership of shares held by AE except to the extent of any pecuniary interest therein.

SEC source: 0000899243-17-003802 · doc4.xml · nonDerivative · entry 4

COMOLLI KEVIN E · CIK 0001224533 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,666

F1 · kind: Represents a pro rata distribution, and not a purchase or sale, without additional consideration by Accel Europe L.P. ("AE") and Accel Europe Investors 2004 L.P. ("AEI") to their respective limited and general partners.

SEC source: 0000899243-17-003802 · doc4.xml · nonDerivative · entry 3

COMOLLI KEVIN E · CIK 0001224533 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 84,741

F1 · kind: Represents a pro rata distribution, and not a purchase or sale, without additional consideration by Accel Europe L.P. ("AE") and Accel Europe Investors 2004 L.P. ("AEI") to their respective limited and general partners.

F4 · ownership.nature: The reportable securities are owned directly by Rothschild Trust Guernsey Limited, as trustee of the Max Trust. Kevin Comolli is a beneficiary of the Max Trust.

SEC source: 0000899243-17-003802 · doc4.xml · nonDerivative · entry 2

COMOLLI KEVIN E · CIK 0001224533 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 62,745

F1 · kind: Represents a pro rata distribution, and not a purchase or sale, without additional consideration by Accel Europe L.P. ("AE") and Accel Europe Investors 2004 L.P. ("AEI") to their respective limited and general partners.

F3 · ownership.nature: The reportable securities are owned directly by AEI. The AEA Managers are the managers of AEA LLC. AEA LLC is the general partner of AEI. The AEA Managers and AEA LLC may be deemed to share voting and investment power over the shares held by AEI and each disclaim beneficial ownership of shares held by AEI except to the extent of any pecuniary interest therein.

SEC source: 0000899243-17-003802 · doc4.xml · nonDerivative · entry 1

COMOLLI KEVIN E · CIK 0001224533 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 2,618,712

F1 · kind: Represents a pro rata distribution, and not a purchase or sale, without additional consideration by Accel Europe L.P. ("AE") and Accel Europe Investors 2004 L.P. ("AEI") to their respective limited and general partners.

F2 · ownership.nature: The reportable securities are owned directly by AE. James R. Swartz and Kevin Comolli (collectively, the "AEA Managers") are the managers of Accel Europe Associates L.L.C. ("AEA LLC"). AEA LLC is the general partner of Accel Europe Associates L.P. ("AEA LP"), which is the general partner of AE. The AEA Managers, AEA LLC and AEA LP may be deemed to share voting and investment power over the shares held by AE and each disclaim beneficial ownership of shares held by AE except to the extent of any pecuniary interest therein.

SEC source: 0001171843-17-000776 · formfour.xml · nonDerivative · entry 3

Korkus Ohad · CIK 0001601076 · Director · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 768,080

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2016.

SEC source: 0001171843-17-000775 · formfour.xml · nonDerivative · entry 3

Faitelson Yakov · CIK 0001601074 · Director · CEO, President, Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 740,733

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2016.

SEC source: 0001171843-17-000776 · formfour.xml · nonDerivative · entry 2

Korkus Ohad · CIK 0001601076 · Director · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 768,280

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2016.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.00 to $31.10, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.

SEC source: 0001171843-17-000775 · formfour.xml · nonDerivative · entry 2

Faitelson Yakov · CIK 0001601074 · Director · CEO, President, Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 740,933

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2016.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.00 to $31.025, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.

SEC source: 0001171843-17-000801 · formfour.xml · derivative · entry 3

Iohan Gili · CIK 0001601078 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,670

Underlying: Common Stock · 4,204 shares

Expires 2019-01-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001171843-17-000801 · formfour.xml · nonDerivative · entry 2

Iohan Gili · CIK 0001601078 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,530

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2016.

SEC source: 0001171843-17-000801 · formfour.xml · nonDerivative · entry 1

Iohan Gili · CIK 0001601078 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,530

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001171843-17-000776 · formfour.xml · nonDerivative · entry 1

Korkus Ohad · CIK 0001601076 · Director · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 853,108

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2016.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.25, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.

SEC source: 0001171843-17-000775 · formfour.xml · nonDerivative · entry 1

Faitelson Yakov · CIK 0001601074 · Director · CEO, President, Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 832,751

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2016.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.25, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.

SEC source: 0001171843-17-000480 · formfour.xml · nonDerivative · entry 2

Korkus Ohad · CIK 0001601076 · Director · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 874,279

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2016.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.50, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range

SEC source: 0001171843-17-000479 · formfour.xml · nonDerivative · entry 2

Faitelson Yakov · CIK 0001601074 · Director · CEO, President, Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 852,536

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2016.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.30, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.

SEC source: 0001052918-17-000068 · primary_doc.xml · nonDerivative · entry 1

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,914,872

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001144204-17-003894 · v457493_4.xml · nonDerivative · entry 2

Pitango Venture Capital Fund IV, L.P. · CIK 0001287224 · Former 10% owner (exit report)

Pitango Venture Capital Principals Fund IV, L.P. · CIK 0001601182 · Former 10% owner (exit report)

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Directly owned by Pitango Venture Capital Principals Fund IV L.P. See Explanation of Response

Disclosed balance after: 56,206

F1 · ownership.nature: Pitango V.C. Fund IV, L.P. is the General Partner of Pitango Venture Capital Fund IV, L.P. and Pitango Venture Capital Principals Fund IV, L.P., with its own General Partner being Pitango G.P. Capital Holdings Ltd., an Israeli company, owned indirectly by six individuals. These six individuals share voting and dispositive power of the Issuer's shares but none has sole voting or dispositive power of the Issuer's shares.

F2 · ownership.nature: Each Reporting Person disclaims beneficial ownership of securities held by any other entity except to the extent of any indirect pecuniary interest therein (within the meaning of Rule 16a-1 of the Exchange Act) in an indeterminate portion of the securities beneficially owned by such other entity.

SEC source: 0001144204-17-003894 · v457493_4.xml · nonDerivative · entry 1

Pitango Venture Capital Fund IV, L.P. · CIK 0001287224 · Former 10% owner (exit report)

Pitango Venture Capital Principals Fund IV, L.P. · CIK 0001601182 · Former 10% owner (exit report)

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,602,424

SEC source: 0001171843-17-000480 · formfour.xml · nonDerivative · entry 1

Korkus Ohad · CIK 0001601076 · Director · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 880,262

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2016.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.15, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.

SEC source: 0001171843-17-000479 · formfour.xml · nonDerivative · entry 1

Faitelson Yakov · CIK 0001601074 · Director · CEO, President, Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 858,136

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2016.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.15, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.

SEC source: 0001052918-17-000058 · primary_doc.xml · nonDerivative · entry 2

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,919,872

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001052918-17-000058 · primary_doc.xml · nonDerivative · entry 1

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,944,872

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001052918-17-000050 · primary_doc.xml · nonDerivative · entry 2

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,965,168

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001052918-17-000050 · primary_doc.xml · nonDerivative · entry 1

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,008,168

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001052918-17-000036 · primary_doc.xml · nonDerivative · entry 1

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,064,314

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001052918-17-000033 · primary_doc.xml · nonDerivative · entry 2

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,084,314

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001052918-17-000033 · primary_doc.xml · nonDerivative · entry 1

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,089,211

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001144204-16-136818 · v454059_4.xml · nonDerivative · entry 2

Pitango Venture Capital Fund IV, L.P. · CIK 0001287224 · 10% owner

Pitango Venture Capital Principals Fund IV, L.P. · CIK 0001601182 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Directly owned by Pitango Venture Capital Principals Fund IV L.P. See Explanation of Response

Disclosed balance after: 60,857

F1 · ownership.nature: Pitango V.C. Fund IV, L.P. is the General Partner of Pitango Venture Capital Fund IV, L.P. and Pitango Venture Capital Principals Fund IV, L.P., with its own General Partner being Pitango G.P. Capital Holdings Ltd., an Israeli company, owned indirectly by six individuals. These six individuals share voting and dispositive power of the Issuer's shares but none has sole voting or dispositive power of the Issuer's shares.

F2 · ownership.nature: Each Reporting Person disclaims beneficial ownership of securities held by any other entity except to the extent of any indirect pecuniary interest therein (within the meaning of Rule 16a-1 of the Exchange Act) in an indeterminate portion of the securities beneficially owned by such other entity.

SEC source: 0001144204-16-136818 · v454059_4.xml · nonDerivative · entry 1

Pitango Venture Capital Fund IV, L.P. · CIK 0001287224 · 10% owner

Pitango Venture Capital Principals Fund IV, L.P. · CIK 0001601182 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,817,783

SEC source: 0001144204-16-136573 · v453944_4.xml · nonDerivative · entry 2

Pitango Venture Capital Fund IV, L.P. · CIK 0001287224 · 10% owner

Pitango Venture Capital Principals Fund IV, L.P. · CIK 0001601182 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Directly owned by Pitango Venture Capital Principals Fund IV L.P. See Explanation of Response

Disclosed balance after: 61,069

F1 · ownership.nature: Pitango V.C. Fund IV, L.P. is the General Partner of Pitango Venture Capital Fund IV, L.P. and Pitango Venture Capital Principals Fund IV, L.P., with its own General Partner being Pitango G.P. Capital Holdings Ltd., an Israeli company, owned indirectly by six individuals. These six individuals share voting and dispositive power of the Issuer's shares but none has sole voting or dispositive power of the Issuer's shares.

F2 · ownership.nature: Each Reporting Person disclaims beneficial ownership of securities held by any other entity except to the extent of any indirect pecuniary interest therein (within the meaning of Rule 16a-1 of the Exchange Act) in an indeterminate portion of the securities beneficially owned by such other entity.

SEC source: 0001144204-16-136573 · v453944_4.xml · nonDerivative · entry 1

Pitango Venture Capital Fund IV, L.P. · CIK 0001287224 · 10% owner

Pitango Venture Capital Principals Fund IV, L.P. · CIK 0001601182 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,827,561

SEC source: 0001171843-16-013419 · formfour.xml · derivative · entry 3

Iohan Gili · CIK 0001601078 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,874

Underlying: Common Stock · 126 shares

Expires 2019-01-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001171843-16-013419 · formfour.xml · nonDerivative · entry 2

Iohan Gili · CIK 0001601078 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,326

F2 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2016.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.50 to $30.75, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.

SEC source: 0001171843-16-013419 · formfour.xml · nonDerivative · entry 1

Iohan Gili · CIK 0001601078 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,326

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes 1,110 shares of Common Stock purchased under the Varonis Systems, Inc. 2015 Employee Stock Purchase Plan.

SEC source: 0001144204-16-136489 · v453917_4.xml · nonDerivative · entry 2

Pitango Venture Capital Fund IV, L.P. · CIK 0001287224 · 10% owner

Pitango Venture Capital Principals Fund IV, L.P. · CIK 0001601182 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Directly owned by Pitango Venture Capital Principals Fund IV L.P. See Explanation of Response

Disclosed balance after: 61,124

F1 · ownership.nature: Pitango V.C. Fund IV, L.P. is the General Partner of Pitango Venture Capital Fund IV, L.P. and Pitango Venture Capital Principals Fund IV, L.P., with its own General Partner being Pitango G.P. Capital Holdings Ltd., an Israeli company, owned indirectly by six individuals. These six individuals share voting and dispositive power of the Issuer's shares but none has sole voting or dispositive power of the Issuer's shares.

F2 · ownership.nature: Each Reporting Person disclaims beneficial ownership of securities held by any other entity except to the extent of any indirect pecuniary interest therein (within the meaning of Rule 16a-1 of the Exchange Act) in an indeterminate portion of the securities beneficially owned by such other entity.

SEC source: 0001144204-16-136489 · v453917_4.xml · nonDerivative · entry 1

Pitango Venture Capital Fund IV, L.P. · CIK 0001287224 · 10% owner

Pitango Venture Capital Principals Fund IV, L.P. · CIK 0001601182 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,830,088

SEC source: 0001052918-16-001414 · primary_doc.xml · nonDerivative · entry 4

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,089,491

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001052918-16-001414 · primary_doc.xml · nonDerivative · entry 3

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,094,491

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001052918-16-001414 · primary_doc.xml · nonDerivative · entry 2

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,099,491

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001052918-16-001414 · primary_doc.xml · nonDerivative · entry 1

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,104,491

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001144204-16-135652 · v453502_4.xml · nonDerivative · entry 2

Pitango Venture Capital Fund IV, L.P. · CIK 0001287224 · 10% owner

Pitango Venture Capital Principals Fund IV, L.P. · CIK 0001601182 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Directly owned by Pitango Venture Capital Principals Fund IV L.P. See Explanation of Response

Disclosed balance after: 62,812

F1 · ownership.nature: Pitango V.C. Fund IV, L.P. is the General Partner of Pitango Venture Capital Fund IV, L.P. and Pitango Venture Capital Principals Fund IV, L.P., with its own General Partner being Pitango G.P. Capital Holdings Ltd., an Israeli company, owned indirectly by six individuals. These six individuals share voting and dispositive power of the Issuer's shares but none has sole voting or dispositive power of the Issuer's shares.

F2 · ownership.nature: Each Reporting Person disclaims beneficial ownership of securities held by any other entity except to the extent of any indirect pecuniary interest therein (within the meaning of Rule 16a-1 of the Exchange Act) in an indeterminate portion of the securities beneficially owned by such other entity.

SEC source: 0001144204-16-135652 · v453502_4.xml · nonDerivative · entry 1

Pitango Venture Capital Fund IV, L.P. · CIK 0001287224 · 10% owner

Pitango Venture Capital Principals Fund IV, L.P. · CIK 0001601182 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,908,164

SEC source: 0001052918-16-001394 · primary_doc.xml · nonDerivative · entry 6

EVERGREEN IV L.P. · CIK 0000821977 · 10% owner

Evergreen IV GP, L.P. · CIK 0001601323 · 10% owner

Evergreen E.P.F IV Ltd. · CIK 0001601327 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,109,491

F1 · ownership.direct: Represents shares directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen Management Ltd.

F2 · ownership.direct: Evergreen IV GP, L.P. and Evergreen Management Ltd. are additional reporting persons and each has the same address as the reporting person listed above.

SEC source: 0001171843-16-013259 · formfour.xml · nonDerivative · entry 2

Korkus Ohad · CIK 0001601076 · Director · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 903,108

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2016.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.00 to $31.35, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.

SEC source: 0001171843-16-013258 · formfour.xml · nonDerivative · entry 2

Faitelson Yakov · CIK 0001601074 · Director · CEO, President, Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 882,751

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2016.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.00 to $31.35, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.

SEC source: 0001144204-16-134550 · v453154_form4.xml · nonDerivative · entry 2

Pitango Venture Capital Fund IV, L.P. · CIK 0001287224 · 10% owner

Pitango Venture Capital Principals Fund IV, L.P. · CIK 0001601182 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Directly owned by Pitango Venture Capital Principals Fund IV L.P. See Explanation of Response

Disclosed balance after: 63,410

F1 · ownership.nature: Pitango V.C. Fund IV, L.P. is the General Partner of Pitango Venture Capital Fund IV, L.P. and Pitango Venture Capital Principals Fund IV, L.P., with its own General Partner being Pitango G.P. Capital Holdings Ltd., an Israeli company, owned indirectly by six individuals. These six individuals share voting and dispositive power of the Issuer's shares but none has sole voting or dispositive power of the Issuer's shares.

F2 · ownership.nature: Each Reporting Person disclaims beneficial ownership of securities held by any other entity except to the extent of any indirect pecuniary interest therein (within the meaning of Rule 16a-1 of the Exchange Act) in an indeterminate portion of the securities beneficially owned by such other entity.

SEC source: 0001144204-16-134550 · v453154_form4.xml · nonDerivative · entry 1

Pitango Venture Capital Fund IV, L.P. · CIK 0001287224 · 10% owner

Pitango Venture Capital Principals Fund IV, L.P. · CIK 0001601182 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,935,829