{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-077377","form_type":"8-K","ticker":"VRNS","cik":"0001361113","company_name":"VARONIS SYSTEMS INC","filed_at":"2024-09-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.784325+00:00","generated_at":"2026-05-31T05:36:24.738360+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Varonis issues $460M of 1.00% convertible notes due 2029; net proceeds $449.6M","bullets":["$460M aggregate principal of 1.00% Convertible Senior Notes due Sept 2029; initial conversion price $67.83 per share.","Net proceeds ~$449.6M after discounts; $55.5M used to pay cost of capped call transactions to reduce dilution.","Proceeds for working capital and general corporate purposes, including R&D, capex, and potential acquisitions.","Notes are unsecured, rank equal with existing 1.25% convertible notes due 2025; redeemable after Sept 2027 if stock >=130% of conversion price."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-077377","json":"https://secwatch.observer/filing/0001213900-24-077377.json","markdown":"https://secwatch.observer/filing/0001213900-24-077377.md","text":"https://secwatch.observer/filing/0001213900-24-077377.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1361113/000121390024077377/0001213900-24-077377-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1361113/000121390024077377/ea0214060-8k_varonis.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:36:24.738360+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}