VARONIS SYS INC

Ticker: VRNS CUSIP: 922280102 Class: Common Stock

BANQUE PICTET & CIE SA's Holding History (CIK: 0001535602)

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

Q2 2014

Shares 8,700 Value ($000) $252 Avg Close $8.51 Range $6.56 - $12.77

Q1 2014

Shares 7,400 Value ($000) $265 Avg Close $14.47 Range $11.20 - $18.93

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	8,700	$252	$8.51	$6.56 - $12.77
Q1 2014	7,400	$265	$14.47	$11.20 - $18.93