VARONIS SYS INC

Ticker: VRNS CUSIP: 922280102 Class: Common Stock

PICTON MAHONEY ASSET MANAGEMENT's Holding History (CIK: 0001539041)

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

Q3 2018

Shares 195,100 Value ($000) $14,291 Avg Close $24.28 Range $17.88 - $27.33

Q2 2018

Shares 209,700 Value ($000) $15,622 Avg Close $23.97 Range $19.58 - $27.70

Q1 2018

Shares 227,600 Value ($000) $13,770 Avg Close $18.52 Range $15.95 - $21.17

Q4 2017

Shares 246,600 Value ($000) $11,973 Avg Close $15.69 Range $13.83 - $17.87

Q2 2017

Shares 334,700 Value ($000) $12,451 Avg Close $11.46 Range $8.78 - $12.63

Q1 2017

Shares 174,300 Value ($000) $5,542 Avg Close $9.57 Range $8.40 - $10.60

Q4 2016

Shares 144,100 Value ($000) $3,862 Avg Close $9.51 Range $8.15 - $10.68

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	195,100	$14,291	$24.28	$17.88 - $27.33
Q2 2018	209,700	$15,622	$23.97	$19.58 - $27.70
Q1 2018	227,600	$13,770	$18.52	$15.95 - $21.17
Q4 2017	246,600	$11,973	$15.69	$13.83 - $17.87
Q2 2017	334,700	$12,451	$11.46	$8.78 - $12.63
Q1 2017	174,300	$5,542	$9.57	$8.40 - $10.60
Q4 2016	144,100	$3,862	$9.51	$8.15 - $10.68