Accel europe associates llc - directly owned by accel europe l p see explanation of response investment history in Varonis systems inc

Filed on 2014-03-05 by Accel Europe Associates Llc SEC CIK 1248544 Form 4

Accession 0001209191-14-017493.txt Sec File: edgar/data/1248544/0001209191-14-017493-index.htm

2014-03-05 Accel Europe Associates Llc (CIK 1248544) through Directly Owned By Accel Europe L P See Explanation Of Response

Invested in Varonis Systems Inc sold 125934 shares at $0.00 remaining shares owned 0

Series E Convertible Preferred Stock Varonis Systems Inc Vrns underlying security shares 125934 underlying security title Common Stock

f2 the reportable securities are owned directly by accel europe l.p. ("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 disclaim beneficial ownership of shares held by ae except to the extent of any pecuniary interest therein.
f1 the issuer's series a convertible preferred stock, series b convertible preferred stock, series c convertible preferred stock, series d convertible preferred stock and series e convertible preferred stock (together, the "preferred stock") have no expiration date and each share of the preferred stock converted automatically on a 1-for-1 basis into shares of the issuer's common stock immediately prior to the completion of the issuer's underwritten initial public offering without payment of further consideration.


Filed on 2014-03-05 by Accel Europe Associates Llc SEC CIK 1248544 Form 4

Accession 0001209191-14-017493.txt Sec File: edgar/data/1248544/0001209191-14-017493-index.htm

2014-03-05 Accel Europe Associates Llc (CIK 1248544) through Directly Owned By Accel Europe L P See Explanation Of Response

Invested in Varonis Systems Inc sold 362880 shares at $0.00 remaining shares owned 0

Series D Convertible Preferred Stock Varonis Systems Inc Vrns underlying security shares 362880 underlying security title Common Stock

f2 the reportable securities are owned directly by accel europe l.p. ("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 disclaim beneficial ownership of shares held by ae except to the extent of any pecuniary interest therein.
f1 the issuer's series a convertible preferred stock, series b convertible preferred stock, series c convertible preferred stock, series d convertible preferred stock and series e convertible preferred stock (together, the "preferred stock") have no expiration date and each share of the preferred stock converted automatically on a 1-for-1 basis into shares of the issuer's common stock immediately prior to the completion of the issuer's underwritten initial public offering without payment of further consideration.


Filed on 2014-03-05 by Accel Europe Associates Llc SEC CIK 1248544 Form 4

Accession 0001209191-14-017493.txt Sec File: edgar/data/1248544/0001209191-14-017493-index.htm

2014-03-05 Accel Europe Associates Llc (CIK 1248544) through Directly Owned By Accel Europe L P See Explanation Of Response

Invested in Varonis Systems Inc sold 561565 shares at $0.00 remaining shares owned 0

Series C Convertible Preferred Stock Varonis Systems Inc Vrns underlying security shares 561565 underlying security title Common Stock

f2 the reportable securities are owned directly by accel europe l.p. ("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 disclaim beneficial ownership of shares held by ae except to the extent of any pecuniary interest therein.
f1 the issuer's series a convertible preferred stock, series b convertible preferred stock, series c convertible preferred stock, series d convertible preferred stock and series e convertible preferred stock (together, the "preferred stock") have no expiration date and each share of the preferred stock converted automatically on a 1-for-1 basis into shares of the issuer's common stock immediately prior to the completion of the issuer's underwritten initial public offering without payment of further consideration.


Filed on 2014-03-05 by Accel Europe Associates Llc SEC CIK 1248544 Form 4

Accession 0001209191-14-017493.txt Sec File: edgar/data/1248544/0001209191-14-017493-index.htm

2014-03-05 Accel Europe Associates Llc (CIK 1248544) through Directly Owned By Accel Europe L P See Explanation Of Response

Invested in Varonis Systems Inc sold 1226885 shares at $0.00 remaining shares owned 0

Series B Convertible Preferred Stock Varonis Systems Inc Vrns underlying security shares 1226885 underlying security title Common Stock

f2 the reportable securities are owned directly by accel europe l.p. ("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 disclaim beneficial ownership of shares held by ae except to the extent of any pecuniary interest therein.
f1 the issuer's series a convertible preferred stock, series b convertible preferred stock, series c convertible preferred stock, series d convertible preferred stock and series e convertible preferred stock (together, the "preferred stock") have no expiration date and each share of the preferred stock converted automatically on a 1-for-1 basis into shares of the issuer's common stock immediately prior to the completion of the issuer's underwritten initial public offering without payment of further consideration.


Filed on 2014-03-05 by Accel Europe Associates Llc SEC CIK 1248544 Form 4

Accession 0001209191-14-017493.txt Sec File: edgar/data/1248544/0001209191-14-017493-index.htm

2014-03-05 Accel Europe Associates Llc (CIK 1248544) through Directly Owned By Accel Europe L P See Explanation Of Response

Invested in Varonis Systems Inc sold 2441500 shares at $0.00 remaining shares owned 0

Series A Convertible Preferred Stock Varonis Systems Inc Vrns underlying security shares 2441500 underlying security title Common Stock

f2 the reportable securities are owned directly by accel europe l.p. ("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 disclaim beneficial ownership of shares held by ae except to the extent of any pecuniary interest therein.
f1 the issuer's series a convertible preferred stock, series b convertible preferred stock, series c convertible preferred stock, series d convertible preferred stock and series e convertible preferred stock (together, the "preferred stock") have no expiration date and each share of the preferred stock converted automatically on a 1-for-1 basis into shares of the issuer's common stock immediately prior to the completion of the issuer's underwritten initial public offering without payment of further consideration.