10/03/2025 | Press release | Distributed by Public on 10/03/2025 17:13
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (1) | 10/01/2025 | M | 3,200 | (2) | (2) | Class B Common Stock | 3,200 | $ 0 | 32,007 | D | ||||
Restricted Stock Units | (1) | 10/01/2025 | M | 25,000 | (3) | (3) | Class B Common Stock | 25,000 | $ 0 | 300,000 | D | ||||
Restricted Stock Units | (1) | 10/01/2025 | M | 3,125 | (4) | (4) | Class B Common Stock | 3,125 | $ 0 | 43,750 | D | ||||
Class B Common Stock | (5) | 10/01/2025 | M | 31,325 | (5) | (6) | Class A Common Stock | 31,325 | $ 0 | 75,354 | D | ||||
Class B Common Stock | (5) | 10/01/2025 | F | 12,224(7) | (5) | (6) | Class A Common Stock | 12,224 | $ 0 | 63,130 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Bousquet Raphael C/O NETSKOPE, INC. 2445 AUGUSTINE DRIVE, SUITE 301 SANTA CLARA, CA 95054 |
Chief Revenue Offucer |
/s/ James Bushnell, by power of attorney | 10/03/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class B Common Stock. |
(2) | The RSUs vest in 10 equal quarterly installments beginning on January 1, 2026. |
(3) | The RSUs vest in 12 equal quarterly installments beginning on January 1, 2026. |
(4) | The RSUs vest in 14 equal quarterly installments beginning on January 1, 2026. |
(5) | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder. |
(6) | The shares of Class B Common Stock automatically convert to shares of Class A Common Stock on a 1:1 basis on or prior to September 19, 2035 as set forth in the Issuer's amended and restated certificate of incorporation. |
(7) | The shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs. |