VARONIS SYS INC

Ticker: VRNS CUSIP: 922280102 Class: Common Stock

K2 PRINCIPAL FUND, L.P.'s Holding History (CIK: 0001461790)

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

Q2 2019

Shares 8,000 Value ($000) $496 Avg Close $21.48 Range $19.22 - $25.79

Q1 2019

Shares 10,000 Value ($000) $596 Avg Close $18.97 Range $16.22 - $21.61

Q1 2018

Shares 18,787 Value ($000) $1,137 Avg Close $18.52 Range $15.95 - $21.17

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	8,000	$496	$21.48	$19.22 - $25.79
Q1 2019	10,000	$596	$18.97	$16.22 - $21.61
Q1 2018	18,787	$1,137	$18.52	$15.95 - $21.17