NETSKOPE INC (NTSK)

Lightspeed Venture Partners IX, L.P. 🟡 adjusted position in 61.8M shares (8 derivative) of Netskope Inc (NTSK) at $9.19 ($15.1M) Transaction Date: Jun 12, 2026 | Filing ID: 000658

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  • News bot June 16, 2026, 10:50 p.m.

    🔍 Lightspeed Venture Partners IX, L.P. (Executive)

    Company: Netskope Inc (NTSK)

    Report Date: 2026-06-12

    Transaction Summary:

    • Total transactions: 11
    • Derivative instruments: 8
    • Holdings reported: 7
    • Total shares acquired: 1,650,000
    • Total shares sold: 3,300,000
    • Total shares held: 60,152,567

    Detailed Transactions and Holdings:

    • Acquired 1,650,000 shares of Class A Common Stock (Direct)
      Date: 2026-06-12 | Code: C | equity_swap_involved: 0 | shares_owned_after: 1,650,000.00 | transaction_form_type: 4 | Footnotes: F1, F2
    • Sold 1,313,827 shares of Class A Common Stock at $9.19 per share (Direct)
      Date: 2026-06-12 | Code: S | equity_swap_involved: 0 | shares_owned_after: 336,173.00 | transaction_form_type: 4 | Footnotes: F3, F2
    • Sold 336,173 shares of Class A Common Stock at $9.0 per share (Direct)
      Date: 2026-06-15 | Code: S | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F4, F2
    • Sold 1,650,000 shares of Class B Common Stock (Derivative)
      Date: 2026-06-12 | Code: C | equity_swap_involved: 0 | shares_owned_after: 2,690,640.00 | transaction_form_type: 4 | Footnotes: F1, F1, F5, F5, F2
    • Holds 20,231,286 shares of Class B Common Stock (Derivative)
      Date: 2026-06-12 | Code: H | shares_owned_after: 20,231,286.00 | Footnotes: F5, F5, F5, F6
    • Holds 219,075 shares of Class B Common Stock (Derivative)
      Date: 2026-06-12 | Code: H | shares_owned_after: 219,075.00 | Footnotes: F5, F5, F5, F7
    • Holds 15,608,645 shares of Class B Common Stock (Derivative)
      Date: 2026-06-12 | Code: H | shares_owned_after: 15,608,645.00 | Footnotes: F5, F5, F5, F8
    • Holds 7,765,561 shares of Class B Common Stock (Derivative)
      Date: 2026-06-12 | Code: H | shares_owned_after: 7,765,561.00 | Footnotes: F5, F5, F5, F9
    • Holds 8,818,610 shares of Class B Common Stock (Derivative)
      Date: 2026-06-12 | Code: H | shares_owned_after: 8,818,610.00 | Footnotes: F5, F5, F5, F10
    • Holds 7,508,890 shares of Class B Common Stock (Derivative)
      Date: 2026-06-12 | Code: H | shares_owned_after: 7,508,890.00 | Footnotes: F5, F5, F5, F11
    • Holds 500 shares of Class B Common Stock (Derivative)
      Date: 2026-06-12 | Code: H | shares_owned_after: 500.00 | Footnotes: F5, F5, F5, F12

    Footnotes:

    • F1: Each share of Class B common stock was converted into one share of Class A Common Stock for no additional consideration.
    • F2: Shares are held by Lightspeed Opportunity Fund, L.P. ("Opportunity"). Lightspeed General Partner Opportunity Fund, L.P. ("LGP Opportunity") is the general partner of Opportunity. Lightspeed Ultimate General Partner Opportunity Fund, Ltd. ("LUGP Opportunity") is the general partner of LGP Opportunity. Each of LGP Opportunity and LUGP Opportunity disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
    • F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.71 to $9.495 inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
    • F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.785 to $9.44 inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
    • F5: Each share of Class B Common Stock is convertible into one share of Class A Common Stock (A) at any time at the option of the holder or (B) automatically on September 19, 2035 as set forth in the Issuer's amended and restated certificate of incorporation.
    • F6: Shares are held by Lightspeed Venture Partners IX, L.P. ("Lightspeed IX"). Lightspeed General Partner IX, L.P. ("LGP IX") is the general partner of Lightspeed IX. Lightspeed Ultimate General Partner IX, Ltd. ("LUGP IX") is the general partner of LGP IX. Each of LGP IX and LUGP IX disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
    • F7: Shares are held by Lightspeed Venture Partners XII, L.P. ("Lightspeed XII"). Lightspeed General Partner XII, L.P. ("LGP XII") is the general partner of Lightspeed XII. Lightspeed Ultimate General Partner XII, Ltd. ("LUGP XII") is the general partner of LGP XII. Each of LGP XII and LUGP XII disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
    • F8: Shares are held by Lightspeed SPV II, LLC ("Lightspeed SPV II"). LS SPV Management, LLC ("LS SPV") is the manager of Lightspeed SPV II. LS SPV disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein.
    • F9: Shares are held by Lightspeed SPV II-B, LLC ("Lightspeed SPV II-B"). LS SPV is the manager of Lightspeed SPV II-B. LS SPV disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein.
    • F10: Shares are held by Lightspeed Venture Partners Select, L.P. ("Lightspeed Select"). Lightspeed General Partner Select, L.P. ("LGP Select") is the general partner of Lightspeed Select. Lightspeed Ultimate General Partner Select, Ltd. ("LUGP Select") is the general partner of LGP Select. Each of LGP Select and LUGP Select disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
    • F11: Shares are held by Lightspeed Venture Partners Select II, L.P. ("Lightspeed Select II"). Lightspeed General Partner Select II, L.P. ("LGP Select II") is the general partner of Lightspeed Select II. Lightspeed Ultimate General Partner Select II, Ltd. ("LUGP Select II") is the general partner of LGP Select II. Each of LGP Select II and LUGP Select II disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
    • F12: Shares are held by LSS Fund II, LLC ("LSS Fund II"). Lightspeed Scout Management, LLC ("Scout Mgmt") is the manager of LSS Fund II. Each of the Reporting Persons disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
    • REMARKS: This Form 4 is the first of two Forms 4 filed relating to the same events. Combined, the two Form 4s report the holdings for the following Reporting Persons: Lightspeed Venture Partners IX, L.P., Lightspeed General Partner IX, L.P., Lightspeed Ultimate General Partner IX, Ltd., Lightspeed Venture Partners XII, L.P., Lightspeed General Partner XII, L.P., Lightspeed Ultimate General Partner XII, Ltd., Lightspeed SPV II, LLC, Lightspeed SPV II-B, LLC, LS SPV Management, LLC, Lightspeed Venture Partners Select, L.P., Lightspeed General Partner Select, L.P., Lightspeed Ultimate General Partner Select, Ltd., Lightspeed Venture Partners Select II, L.P., Lightspeed General Partner Select II, L.P., Lightspeed Ultimate General Partner Select II, Ltd., Lightspeed Opportunity Fund, L.P., Lightspeed General Partner Opportunity Fund, L.P. and Lightspeed Ultimate General Partner Opportunity Fund, Ltd. This Form 4 has been split into two filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons.