Varonis elects physical settlement for 1.250% convertible notes due 2025

VARONIS SYSTEMS INC

On Feb 14, 2025, Varonis notified trustee and holders it changed default settlement method to Physical Settlement.
All future conversions of the 1.250% Convertible Senior Notes due 2025 will be settled only with shares of common stock.
Notice given under the Indenture dated May 11, 2020 between Varonis and U.S. Bank National Association as Trustee.

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