FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Valor Buyer LP
2. Date of Event Requiring Statement (MM/DD/YYYY)
4/6/2021 

3. Issuer Name and Ticker or Trading Symbol

VERINT SYSTEMS INC [VRNT]
(Last)        (First)        (Middle)

C/O APAX PARTNERS US, LLC, 601 LEXINGTON AVENUE
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          ___X___ 10% Owner
_____ Officer (give title below)        _____ Other (specify below)
(Street)

NEW YORK, NY 10022      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Series A Convertible Perpetual Preferred Stock  (1) (1)Common Stock, par value $0.001 5497526.11 (2) (1)D (3) 
Series B Convertible Perpetual Preferred Stock  (4) (4)Common Stock, par value $0.001 3980099.5 (5) (4)D (3) 

Explanation of Responses:
(1) Verint Systems Inc.'s (the "Issuer") Series A Convertible Perpetual Preferred Stock, par value $0.001 per share (the "Series A Preferred Stock"), is convertible at the option of a holder at any time into shares of the Issuer's common stock, par value $0.001 per share ("Common Stock") at an initial conversion price of $36.38 per share. The Series A Preferred Stock has no expiration date.
(2) Represents 5,497,526.11 shares of Common Stock issuable upon the conversion of 200,000 shares of Series A Preferred Stock directly held by Valor Buyer LP ("Valor Buyer") at an initial conversion price of $36.38 per share.
(3) Valor Buyer GP LLC ("Valor GP") is the general partner of Valor Buyer and 100% of the equity interests in Valor GP is held by Valor Topco Limited ("Valor Limited"). Apax X GP Co. Limited ("Apax Limited"), in its capacity as investment manager of the Apax X fund (other than Apax X EUR SCSp), holds 99.34% of the shares of Valor Limited. Apax X GP S.a r.l. ("Apax X"), in its capacity as managing general partner of Apax X EUR SCSp, holds 0.66% of the shares of Valor Limited. Apax Guernsey (Holdco) PCC Limited Apax X Cell ("Apax PCC") is the sole parent of Apax Limited and Apax X. As a result, Valor GP, Valor Limited, Apax Limited, Apax X and Apax PCC may be deemed to beneficially own, and have shared voting and dispositive power with respect to the underlying Common Stock. Valor GP, Valor Limited, Apax Limited, Apax X and Apax PCC disclaim beneficial ownership of the underlying Common Stock, except to the extent of their pecuniary interest therein.
(4) The Issuer's Series B Convertible Perpetual Preferred Stock, par value $0.001 per share (the "Series B Preferred Stock"), is convertible at the option of a holder at any time into shares of the Common Stock at an initial conversion price of $50.25 per share. The Series B Preferred Stock has no expiration date.
(5) Represents 3,980,099.50 shares of Common Stock issuable upon the conversion of 200,000 shares of Series B Preferred Stock directly held by Valor Buyer at an initial conversion price of $50.25 per share.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Valor Buyer LP
C/O APAX PARTNERS US, LLC
601 LEXINGTON AVENUE
NEW YORK, NY 10022

X

Valor Topco Ltd
P.O. BOX 656, EAST WING,
TRAFALGAR COURT, LES BANQUES
ST. PETER PORT, Y7 GY1 3PP

X

Apax X GP Co. Ltd
THIRD FLOOR, ROYAL BANK PLACE,
1 GLATEGNY ESPLANADE
ST. PETER PORT, Y7 GY1 2HJ

X

Apax Guernsey (Holdco) PCC Ltd
THIRD FLOOR, ROYAL BANK PLACE,
1 GLATEGNY ESPLANADE
ST. PETER PORT, Y7 GY1 2HJ

X

Apax X GP S.a r.l.
1-3 BOULEVARD DE LA FOIRE
LUXEMBOURG, L-1528

X

Valor Buyer GP LLC
C/O APAX PARTNERS US, LLC
601 LEXINGTON AVENUE
NEW YORK, NY 10022

X


Signatures
See Exhibit 99.14/16/2021
**Signature of Reporting PersonDate

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