Lightspeed Venture Partners IX, L.P. - Sep 17, 2025 Form 3 Insider Report for Netskope Inc (NTSK)

Role
10%+ Owner
Signature
Lightspeed Venture Partners IX, L.P., by Lightspeed General Partner IX, L.P., its General Partner, by Lightspeed Ultimate General Partner IX, Ltd., its General Partner, /s/ Ravi Mhatre, Director
Stock symbol
NTSK
Transactions as of
Sep 17, 2025
Transactions value $
$0
Form type
3
Date filed
9/17/2025, 07:02 PM
Previous filing
Jun 30, 2025
Next filing
Sep 22, 2025
SEC
View on sec.gov

Reporting Owners (6)

Name Relationship Address Signature Signature date CIK
Lightspeed Venture Partners IX, L.P. 10%+ Owner C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK Lightspeed Venture Partners IX, L.P., by Lightspeed General Partner IX, L.P., its General Partner, by Lightspeed Ultimate General Partner IX, Ltd., its General Partner, /s/ Ravi Mhatre, Director 2025-09-17 0001539061
Lightspeed General Partner IX, L.P. 10%+ Owner C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK Lightspeed General Partner IX, L.P., by Lightspeed Ultimate General Partner IX, Ltd., its general partner, /s/ Ravi Mhatre, Director 2025-09-17 0001913317
Lightspeed Ultimate General Partner IX, Ltd. 10%+ Owner C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK Lightspeed Ultimate General Partner IX, Ltd., /s/ Ravi Mhatre, Director 2025-09-17 0001912676
LIGHTSPEED VENTURE PARTNERS XII, L.P. 10%+ Owner C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK Lightspeed Venture Partners XII, L.P., by Lightspeed General Partner XII, L.P., its General Partner, by Lightspeed Ultimate General Partner XII, Ltd., its General Partner, /s/ Ravi Mhatre, Director 2025-09-17 0001735253
Lightspeed General Partner XII, L.P. 10%+ Owner C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK Lightspeed General Partner XII, L.P., by Lightspeed Ultimate General Partner XII, Ltd., its General Partner, /s/ Ravi Mhatre, Director 2025-09-17 0001912678
Lightspeed Ultimate General Partner XII, Ltd. 10%+ Owner C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK Lightspeed Ultimate General Partner IX, Ltd., /s/ Ravi Mhatre, Director 2025-09-17 0001912673

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NTSK Common Stock 300K Sep 17, 2025 See footnote F1, F2
holding NTSK Common Stock 219K Sep 17, 2025 See footnote F1, F3
holding NTSK Common Stock 500 Sep 17, 2025 See footnote F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding NTSK Series B Convertible Preferred Stock Sep 17, 2025 Common Stock 15.9M See footnote F1, F5, F6
holding NTSK Series C Convertible Preferred Stock Sep 17, 2025 Common Stock 4.34M See footnote F1, F6, F7
holding NTSK Series D Convertible Preferred Stock Sep 17, 2025 Common Stock 2.23M See footnote F1, F8, F9
holding NTSK Series E Convertible Preferred Stock Sep 17, 2025 Common Stock 5.67M See footnote F1, F9, F10
holding NTSK Series E Convertible Preferred Stock Sep 17, 2025 Common Stock 5.67M See footnote F1, F10, F11
holding NTSK Series F Convertible Preferred Stock Sep 17, 2025 Common Stock 918K See footnote F1, F9, F12
holding NTSK Series F Convertible Preferred Stock Sep 17, 2025 Common Stock 1.84M See footnote F1, F11, F12
holding NTSK Series F Convertible Preferred Stock Sep 17, 2025 Common Stock 15.6M See footnote F1, F12, F13
holding NTSK Series G Convertible Preferred Stock Sep 17, 2025 Common Stock 7.77M See footnote F1, F14, F15
holding NTSK Series G Convertible Preferred Stock Sep 17, 2025 Common Stock 2.99M See footnote F1, F2, F14
holding NTSK Series H Convertible Preferred Stock Sep 17, 2025 Common Stock 1.05M See footnote F1, F2, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock (the "IPO"), each share of Common Stock shall be reclassified into one share of Class B Common Stock.
F2 The shares are held of record by Lightspeed Opportunity Fund, L.P., or Lightspeed Opportunity Fund. Lightspeed General Partner Opportunity Fund, L.P., or Lightspeed GP Opportunity Fund, is the general partner of Lightspeed Opportunity Fund and Lightspeed Ultimate General Partner Opportunity Fund, Ltd., or Lightspeed UGP Opportunity Fund, is the general partner of Lightspeed GP Opportunity Fund. Arif Janmohamed and Ravi Mhatre, the directors of Lightspeed UGP Opportunity Fund, share voting and investment power with respect to the shares held of record by Lightspeed Opportunity Fund. Each of Lightspeed GP Opportunity Fund, Lightspeed UGP Opportunity Fund and Mr. Mhatre disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Janmohamed, a director of the Issuer, files separate Section 16 reports.
F3 The shares are held of record by Lightspeed Venture Partners XII, L.P., or Lightspeed XII. Lightspeed General Partner XII, L.P., or Lightspeed GP XII, is the general partner of Lightspeed XII and Lightspeed Ultimate General Partner XII, Ltd., or Lightspeed UGP XII, is the general partner of Lightspeed GP XII. Barry Eggers, Mr. Mhatre and Peter Nieh, the directors of Lightspeed UGP XII, share voting and investment power with respect to the shares held of record by Lightspeed XII. Each of Lightspeed GP XII, Lightspeed UGP XII and Messrs. Eggers, Mhatre and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F4 The shares are held of record by LSS Fund II, LLC, or LSS Fund II. Lightspeed Scout Management, LLC, or Lightspeed Scout Mgmt, is the manager of LSS Fund II. Messrs. Eggers, Mhatre and Nieh, the managing members of Lightspeed Scout Mgmt, share voting and investment power with respect to the shares held of record by LSS Fund II. Each of Lightspeed Scout Mgmt and Messrs. Eggers, Mhatre and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F5 Each share of Series B Convertible Preferred Stock shall convert into Common Stock on a one-to-one basis immediately prior to the completion of the IPO and has no expiration date.
F6 The shares are held of record by Lightspeed Venture Partners IX, L.P., or Lightspeed IX. Lightspeed General Partner IX, L.P., or Lightspeed GP IX, is the general partner of Lightspeed IX and Lightspeed Ultimate General Partner IX, Ltd., or Lightspeed UGP IX, is the general partner of Lightspeed GP IX. Messrs. Eggers, Mhatre and Nieh, the directors of Lightspeed UGP IX, share voting and investment power with respect to the shares held of record by Lightspeed IX. Each of Lightspeed GP IX, Lightspeed UGP IX and Messrs. Eggers, Mhatre and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F7 Each share of Series C Convertible Preferred Stock shall convert into Common Stock on a one-to-one basis immediately prior to the completion of the IPO and has no expiration date.
F8 Each share of Series D Convertible Preferred Stock shall convert into Common Stock on a one-to-one basis immediately prior to the completion of the IPO and has no expiration date.
F9 The shares are held of record by Lightspeed Venture Partners Select, L.P., or Lightspeed Select. Lightspeed General Partner Select, L.P., or Lightspeed GP Select, is the general partner of Lightspeed Select and Lightspeed Ultimate General Partner Select, Ltd., or Lightspeed UGP Select, is the general partner of Lightspeed GP Select. Messrs. Eggers, Mhatre and Nieh, the directors of Lightspeed UGP Select, share voting and investment power with respect to the shares held of record by Lightspeed Select. Each of Lightspeed GP Select, Lightspeed UGP Select and Messrs. Eggers, Mhatre and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F10 Each share of Series E Convertible Preferred Stock shall convert into Common Stock on a one-to-one basis immediately prior to the completion of the IPO and has no expiration date.
F11 The shares are held of record by Lightspeed Venture Partners Select II, L.P., or Lightspeed Select II. Lightspeed General Partner Select II, L.P., or Lightspeed GP Select II, is the general partner of Lightspeed Select II and Lightspeed Ultimate General Partner Select II, Ltd., or Lightspeed UGP Select II, is the general partner of Lightspeed GP Select II. Messrs. Eggers, Mhatre and Nieh, the directors of Lightspeed UGP Select II, share voting and investment power with respect to the shares held of record by Lightspeed Select II. Each of Lightspeed GP Select II, Lightspeed UGP Select II and Messrs. Eggers, Mhatre and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F12 Each share of Series F Convertible Preferred Stock shall convert into Common Stock on a one-to-one basis immediately prior to the completion of the IPO and has no expiration date.
F13 The shares are held of record by Lightspeed SPV II, LLC, or Lightspeed SPV II. LS SPV Management, LLC, or LS SPV Mgmt, is the manager of Lightspeed SPV II. Messrs. Eggers, Mhatre and Nieh, the managers of LS SPV Mgmt, share voting and dispositive power with respect to the shares held of record by Lightspeed SPV II. Each of LS SPV Mgmt and Messrs. Eggers, Mhatre and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F14 Each share of Series G Convertible Preferred Stock shall convert into Common Stock on a one-to-one basis immediately prior to the completion of the IPO and has no expiration date.
F15 The shares are held of record by Lightspeed SPV II-B, LLC, or Lightspeed SPV II-B. LS SPV Mgmt is the manager of Lightspeed SPV II-B. Messrs. Eggers, Mhatre and Nieh, the managers of LS SPV Mgmt, share voting and dispositive power with respect to the shares held of record by Lightspeed SPV II-B. Each of LS SPV Mgmt and Messrs. Eggers, Mhatre and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F16 Each share of Series H Convertible Preferred Stock shall convert into Common Stock on a one-to-one basis immediately prior to the completion of the IPO and has no expiration date.

Remarks:

This report is the first of three reports, each on a separate Form 3, but relating to the same transaction being filed by entities affiliated with Lightspeed Venture Partners and their applicable related parties.