Lightspeed Venture Partners Select, L.P.'s Form 4 filing
Netskope Inc (NTSK) · filed Jun 16, 2026
- Accession no.
- 0001231919-26-000660
- Filed
- Jun 16, 2026, 6:51 PM ET
- Trade date
- Jun 12-15, 2026
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $15.1M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Lightspeed Venture Partners Select, L.P.CIK 0001602575 | 10% Owner |
| Lightspeed Venture Partners Select II, L.P.CIK 0001668017 | 10% Owner |
| Lightspeed Ultimate General Partner Select, Ltd.CIK 0001700544 | 10% Owner |
| Lightspeed General Partner Select, L.P.CIK 0001700551 | 10% Owner |
| Lightspeed General Partner Select II, L.P.CIK 0001744936 | 10% Owner |
| Lightspeed Ultimate General Partner Select II, Ltd.CIK 0001744937 | 10% Owner |
| Lightspeed Opportunity Fund, L.P.CIK 0001780948 | 10% Owner |
| Lightspeed Ultimate General Partner Opportunity Fund, Ltd.CIK 0001980477 | 10% Owner |
| Lightspeed General Partner Opportunity Fund, L.P.CIK 0001980478 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 12, 2026 | Class A Common Stock | CConversionAcquired | +1,650,000 | –F1 | – | 1,650,000 | Indirect | Duplicate filing |
| Jun 12, 2026 | Class A Common Stock | SSaleDisposed | −1,313,827 | $9.19F3 | −$12,074,070.13 | 336,173 | Indirect | Duplicate filing |
| Jun 15, 2026 | Class A Common Stock | SSaleDisposed | −336,173 | $9.00F4 | −$3,025,557 | 0 | Indirect | Duplicate filing |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 12, 2026 | Class A Common Stock | CConversionDisposed | −1,650,000 | –F1 | – | 2,690,640 | Indirect | Duplicate filing |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Each share of Class B common stock was converted into one share of Class A Common Stock for no additional consideration.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table I.
Remarks
This Form 4 is the second 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.