VARONIS SYS INC

Ticker: VRNS CUSIP: 922280102 Class: Common Stock

Intrinsic Edge Capital Management LLC's Holding History (CIK: 0001671754)

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

Q4 2018

Shares 174,785 Value ($000) $9,246 Avg Close $19.73 Range $16.29 - $24.57

Q3 2018

Shares 103,827 Value ($000) $7,605 Avg Close $24.28 Range $17.88 - $27.33

Q2 2018

Shares 187,154 Value ($000) $13,943 Avg Close $23.97 Range $19.58 - $27.70

Q1 2018

Shares 346,905 Value ($000) $20,988 Avg Close $18.52 Range $15.95 - $21.17

Q4 2017

Shares 209,533 Value ($000) $10,173 Avg Close $15.69 Range $13.83 - $17.87

Q3 2017

Shares 416,622 Value ($000) $17,456 Avg Close $12.91 Range $11.82 - $14.35

Q2 2017

Shares 264,665 Value ($000) $9,846 Avg Close $11.46 Range $8.78 - $12.63

Q1 2017

Shares 327,678 Value ($000) $10,420 Avg Close $9.57 Range $8.40 - $10.60

Q4 2016

Shares 216,943 Value ($000) $5,814 Avg Close $9.51 Range $8.15 - $10.68

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	174,785	$9,246	$19.73	$16.29 - $24.57
Q3 2018	103,827	$7,605	$24.28	$17.88 - $27.33
Q2 2018	187,154	$13,943	$23.97	$19.58 - $27.70
Q1 2018	346,905	$20,988	$18.52	$15.95 - $21.17
Q4 2017	209,533	$10,173	$15.69	$13.83 - $17.87
Q3 2017	416,622	$17,456	$12.91	$11.82 - $14.35
Q2 2017	264,665	$9,846	$11.46	$8.78 - $12.63
Q1 2017	327,678	$10,420	$9.57	$8.40 - $10.60
Q4 2016	216,943	$5,814	$9.51	$8.15 - $10.68