As filed with the Securities and Exchange Commission on July 30, 2025
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
VARONIS SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Delaware |
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57-1222280 |
(State or other jurisdiction of
incorporation or organization) |
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(I.R.S. Employer
Identification No.) |
801 Brickell Avenue
Miami, FL |
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33131 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Amended and Restated Varonis Systems, Inc.
2023 Omnibus Equity Incentive Plan
(Full title of the plan)
Yakov Faitelson
Chief Executive Officer and President
Varonis Systems, Inc.
801 Brickell Avenue
Miami, Florida
(877) 292-8767
(Name, address and telephone number, including area code, of agent for service)
Copy to:
Colin Diamond
Shai
Marshall
Paul Hastings LLP
200 Park Avenue
New York, New York 10166
(212) 318-6000
Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of
“large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth
company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer |
☒ |
Accelerated filer |
☐ |
Non-accelerated filer |
☐ |
Smaller reporting company |
☐ |
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Emerging growth company |
☐ |
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 7(a)(2)(B) of the Securities Act. ☐
EXPLANATORY NOTE
This Registration Statement on Form S-8 (this “Registration Statement”)
is being filed by Varonis Systems, Inc. (the “Company”) for the purpose of registering 1,880,000 additional shares of common
stock, par value $0.001 per share, of the Company (the “Common Stock”) under the Company’s Amended and Restated 2023
Omnibus Equity Incentive Plan (the “A&R 2023 Incentive Plan”).
On April 17, 2025, the board of directors of the Company approved an
increase of 1,880,000 shares of Common Stock available for issuance under the A&R 2023 Incentive Plan, which was also approved by
the stockholders of the Company at the Company’s 2025 Annual Meeting of Stockholders held on June 5, 2025.
Pursuant to General Instruction E of Form S-8, the contents of the
Company’s prior registration statements on Form S-8 registering shares of Common Stock under the A&R 2023 Incentive Plan filed
with the SEC on August 1, 2023 (File No. (File No. 333-273579) and July 30, 2024 (File No. 333-281103) are hereby incorporated by reference herein,
and the information required by Part II of Form S-8 is omitted, except as supplemented by the information set forth below.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Item 1. Plan Information.*
Item 2. Registrant Information and Employee Plan Annual Information.*
| * | As permitted by Rule 428 under the Securities
Act of 1933, as amended (the “Securities Act”), this Registration Statement omits the information specified in Part I of
Form S-8. The documents containing the information specified in this Part I of Form S-8 (“Plan Information” and “Registrant
Information and Employee Plan Annual Information”) will be sent or given to employees as specified by the SEC pursuant to Rule
428(b)(1) under the Securities Act. Such documents are not required to be and are not filed with the SEC either as part of this
Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act. These
documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II hereof, taken together,
constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act. The Company will provide a written statement
to participants advising them of the availability without charge, upon written or oral request, of the documents incorporated by reference
in Item 3 of Part II hereof and including the statement in the preceding sentence. The written statement to all participants will indicate
the availability without charge, upon written or oral request, of other documents required to be delivered pursuant to Rule 428(b)
under the Securities Act, and will include the address and telephone number to which the request is to be directed. |
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents previously filed with the SEC are hereby incorporated
by reference into this Registration Statement:
| (a) | the Company’s Annual Report on Form 10-K for the year
ended December 31, 2024, filed with the SEC on February 6, 2025 (the “Annual Report”), including the portions of the Company’s
Definitive Proxy Statement on Schedule 14A filed on April 22, 2025 that are incorporated by reference in the Annual Report; |
| (b) | the Company’s Quarterly Report on Form 10-Q for the
quarter ended March 31, 2025, filed with the SEC on May 7, 2025; |
| (c) | the Company’s Quarterly Report on Form 10-Q for the
quarter ended June 30, 2025, filed with the SEC on July 30, 2025; |
| (d) | the Company’s Current Reports on Form 8-K filed with
the SEC on February 14, 2025 and June 6, 2025; and |
| (e) | the description of the Common Stock set forth in the Registration
Statement on Form 8-A, dated February 25, 2014, filed with the SEC by the Company to register such securities under the Securities Exchange
Act of 1934, as amended (the “Exchange Act”), and any amendment or report filed for the purpose of updating this information
(including Exhibit 4.1 to the Annual Report). |
All documents subsequently filed by the Company pursuant to Sections
13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective amendment to this Registration Statement which
indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be
incorporated by reference in this Registration Statement and to be part hereof from the date of filing of such documents with the SEC,
except as to any portion of any future current report furnished under Items 2.02 or 7.01 of Form 8-K that is not deemed filed under such
provisions.
Any statement contained in a document incorporated or deemed to be
incorporated by reference in this Registration Statement shall be deemed to be modified or superseded for purposes of this Registration
Statement to the extent that a statement contained in this Registration Statement, or in any other subsequently filed document that also
is or is deemed to be incorporated by reference in this Registration Statement, modifies or supersedes such prior statement. Any statement
contained in this Registration Statement shall be deemed to be modified or superseded to the extent that a statement contained in a subsequently
filed document that is or is deemed to be incorporated by reference in this Registration Statement modifies or supersedes such prior statement.
Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration
Statement.
You should rely only on the information provided or incorporated by
reference in this Registration Statement or any related prospectus. The Company has not authorized anyone to provide you with different
information. You should not assume that the information in this Registration Statement or any related prospectus is accurate as of any
date other than the date on the front of the document.
Item 8. Exhibits.
Exhibit No. |
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Description |
4.1(1) |
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Amended and Restated Certificate of Incorporation |
4.2(2) |
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Amended and Restated Bylaws |
5.1* |
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Opinion of Paul Hastings LLP |
10.1(3) |
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Amended & Restated Varonis Systems, Inc. 2023 Omnibus Equity Incentive Plan |
10.3(4) |
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Forms of Restricted Stock Unit Award Grant Notice and Restricted Stock Unit Award Agreement under the Amended and Restated 2023 Omnibus Equity Incentive Plan |
10.4(5) |
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Forms of Performance-Based Restricted Stock Unit Award Grant Notice and Performance-Based Restricted Stock Unit Award Agreement under the Amended and Restated 2023 Omnibus Equity Incentive Plan |
10.5(6) |
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Forms of Restricted Stock Unit Award Grant Notice and Restricted Stock Unit Award Agreement under the Amended and Restated 2023 Omnibus Equity Incentive Plan (Israeli Employees) |
10.6(7) |
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Forms of Performance-Based Restricted Stock Unit Award Grant Notice and Performance-Based Restricted Stock Unit Award Agreement under the Amended and Restated 2023 Omnibus Equity Incentive Plan (Israeli Employees) |
23.1* |
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Consent of Kost Forer Gabbay & Kasierer, independent registered public accountants |
23.2* |
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Consent of Paul Hastings LLP (included as part of Exhibit 5.1) |
24.1* |
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Power of Attorney (included on the signature page to this Registration Statement) |
107* |
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Filing Fee Table |
| (1) | Filed as Exhibit 3.1 to the Company’s Quarterly Report
on Form 10-Q filed with the SEC on May 8, 2014 and incorporated herein by reference. |
| (2) | Filed as Exhibit 3.2 to the Company’s Annual Report
on Form 10-K filed with the SEC on February 8, 2022 and incorporated herein by reference. |
| (3) | Filed as Appendix B to the Company’s Definitive Proxy
Statement on Schedule 14A filed with the SEC on April 22, 2025 and incorporated herein by reference. |
| (4) | Filed as Exhibit 10.20 to the Company’s Annual Report
on Form 10-K filed with the SEC on February 6, 2025 and incorporated herein by reference. |
| (5) | Filed as Exhibit 10.21 to the Company’s Annual Report
on Form 10-K filed with the SEC on February 6, 2025 and incorporated herein by reference. |
| (6) | Filed as Exhibit 10.22 to the Company’s Annual Report
on Form 10-K filed with the SEC on February 6, 2025 and incorporated herein by reference. |
| (7) | Filed as Exhibit 10.23 to the Company’s Annual Report
on Form 10-K filed with the SEC on February 6, 2025 and incorporated herein by reference. |
| * | Filed herewith. |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Miami, State of Florida,
on July 30, 2025.
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VARONIS SYSTEMS, INC. |
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By: |
/s/ Yakov Faitelson |
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Name: |
Yakov Faitelson |
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Title: |
Chief Executive Officer and President |
POWER OF ATTORNEY
Each person whose signature appears below constitutes and appoints
Yakov Faitelson and Guy Melamed, and each of them, their true and lawful attorneys-in-fact and agents, each with full power of substitution
and resubstitution, severally, for them and in their name, place and stead, in any and all capacities, to sign any and all amendments
(including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto and other documents
in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them,
full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises,
as fully to all intents and purposes as they might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact
and agents, or any of them or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act, this Registration
Statement has been signed by the following persons in the capacities and on the dates indicated.
SIGNATURE |
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TITLE |
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DATE |
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/s/ Yakov Faitelson |
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Chief Executive Officer, President and Chairman of the Board |
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July 30, 2025 |
Yakov Faitelson |
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(Principal Executive Officer) |
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/s/ Guy Melamed |
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Chief Financial Officer and Chief Operating Officer |
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July 30, 2025 |
Guy Melamed |
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(Principal Financial Officer and Principal Accounting Officer) |
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/s/ Carlos Aued |
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Director |
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July 30, 2025 |
Carlos Aued |
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/s/ Kevin Comolli |
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Director |
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July 30, 2025 |
Kevin Comolli |
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/s/ John J. Gavin, Jr. |
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Director |
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July 30, 2025 |
John J. Gavin, Jr. |
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/s/ Gili Iohan |
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Director |
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July 30, 2025 |
Gili Iohan |
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/s/ Avrohom J. Kess |
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Director |
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July 30, 2025 |
Avrohom J. Kess |
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/s/ Ohad Korkus |
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Director |
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July 30, 2025 |
Ohad Korkus |
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/s/ Thomas F. Mendoza |
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Director |
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July 30, 2025 |
Thomas F. Mendoza |
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/s/ Rachel Prishkolnik |
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Director |
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July 30, 2025 |
Rachel Prishkolnik |
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/s/ Ofer Segev |
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Director |
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July 30, 2025 |
Ofer Segev |
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/s/ Fred van den Bosch |
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Director |
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July 30, 2025 |
Fred van den Bosch |
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II-3