VARONIS SYS INC

Ticker: VRNS CUSIP: 922280102 Class: Common Stock

Hudson Bay Capital Management LP's Holding History (CIK: 0001393825)

Note: Option positions (PUT/CALL) are excluded.

Q3 2019

Shares 161,250 Value ($000) $9,640 Avg Close $22.23 Range $19.63 - $26.67

Q2 2019

Shares 96,000 Value ($000) $5,946 Avg Close $21.48 Range $19.22 - $25.79

Q4 2018

Shares 74,772 Value ($000) $3,955 Avg Close $19.73 Range $16.29 - $24.57

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2019	161,250	$9,640	$22.23	$19.63 - $26.67
Q2 2019	96,000	$5,946	$21.48	$19.22 - $25.79
Q4 2018	74,772	$3,955	$19.73	$16.29 - $24.57