Lightspeed Venture Partners Select, L.P. - 18 Sep 2025 Form 4 Insider Report for Netskope Inc (NTSK)

Reporting relationship: 10%+ Owner
Issuer ticker: NTSK
Reported as of: 18 Sep 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 22 Sep 2025, 20:20:03 UTC
Prior SEC filing: 17 Sep 2025
Next SEC filing: 16 Jun 2026
Source filing: View source filing
Reporting owner signature: Lightspeed Venture Partners Select, L.P., by Lightspeed General Partner Select, L.P., its General Partner, by Lightspeed Ultimate General Partner Select, Ltd., its General Partner, /s/ Ravi Mhatre, Director

Key filing fact

Lightspeed Venture Partners Select, L.P. filed Form 4 for Netskope Inc (NTSK) on 22 Sep 2025.

Key facts

This page summarizes Lightspeed Venture Partners Select, L.P.'s Form 4 filing for Netskope Inc (NTSK).
33 reported transactions and 19 derivative rows are listed below.
Accepted by SEC: 22 Sep 2025, 20:20.

Change

Previous filing in this sequence was filed on 17 Sep 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (9)

CIK 0001602575 Primary reporting owner

Lightspeed Venture Partners Select, L.P.

Relationship: 10%+ Owner
Address: C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
Signature: Lightspeed Venture Partners Select, L.P., by Lightspeed General Partner Select, L.P., its General Partner, by Lightspeed Ultimate General Partner Select, Ltd., its General Partner, /s/ Ravi Mhatre, Director
Signature date: 22 Sep 2025

CIK 0001700551

Lightspeed General Partner Select, L.P.

Relationship: 10%+ Owner
Address: C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
Signature: Lightspeed General Partner Select, L.P., by Lightspeed Ultimate General Partner Select, Ltd., its General Partner, /s/ Ravi Mhatre, Director
Signature date: 22 Sep 2025

CIK 0001700544

Lightspeed Ultimate General Partner Select, Ltd.

Relationship: 10%+ Owner
Address: C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
Signature: Lightspeed Ultimate General Partner Select, Ltd., /s/ Ravi Mhatre, Director
Signature date: 22 Sep 2025

CIK 0001668017

Lightspeed Venture Partners Select II, L.P.

Relationship: 10%+ Owner
Address: C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
Signature: Lightspeed Venture Partners Select II, L.P., by Lightspeed General Partner Select II, L.P., its General Partner, by Lightspeed Ultimate General Partner Select II, Ltd., its General Partner, /s/ Ravi Mhatre, Director
Signature date: 22 Sep 2025

CIK 0001744936

Lightspeed General Partner Select II, L.P.

Relationship: 10%+ Owner
Address: C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
Signature: Lightspeed General Partner Select II, L.P., by Lightspeed Ultimate General Partner Select II, Ltd., its General Partner, /s/ Ravi Mhatre, Director
Signature date: 22 Sep 2025

CIK 0001744937

Lightspeed Ultimate General Partner Select II, Ltd.

Relationship: 10%+ Owner
Address: C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
Signature: Lightspeed Ultimate General Partner Select II, Ltd., /s/ Ravi Mhatre, Director
Signature date: 22 Sep 2025

CIK 0001780948

Lightspeed Opportunity Fund, L.P.

Relationship: 10%+ Owner
Address: C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
Signature: Lightspeed Opportunity Fund, L.P., by Lightspeed General Partner Opportunity Fund, L.P., its General Partner, by Lightspeed Ultimate General Partner Opportunity Fund, Ltd., its General Partner, /s/ Ravi Mhatre, Director
Signature date: 22 Sep 2025

CIK 0001980478

Lightspeed General Partner Opportunity Fund, L.P.

Relationship: 10%+ Owner
Address: C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
Signature: Lightspeed General Partner Opportunity Fund, L.P., by Lightspeed Ultimate General Partner Opportunity Fund, Ltd., its General Partner, /s/ Ravi Mhatre, Director
Signature date: 22 Sep 2025

CIK 0001980477

Lightspeed Ultimate General Partner Opportunity Fund, Ltd.

Relationship: 10%+ Owner
Address: C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
Signature: Lightspeed Ultimate General Partner Opportunity Fund, Ltd., its General Partner, /s/ Ravi Mhatre, Director
Signature date: 22 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NTSK transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +20,231,286
Change %
Price
Shares after: 20,231,286
Date: 18 Sep 2025
Ownership: See footnote
Footnotes: F1, F2, F3, F4

NTSK transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +8,818,610
Change %
Price
Shares after: 8,818,610
Date: 18 Sep 2025
Ownership: See footnote
Footnotes: F1, F5, F6, F7, F8

NTSK transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +7,508,890
Change %
Price
Shares after: 7,508,890
Date: 18 Sep 2025
Ownership: See footnote
Footnotes: F1, F6, F7, F9

NTSK transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +15,608,645
Change %
Price
Shares after: 15,608,645
Date: 18 Sep 2025
Ownership: See footnote
Footnotes: F1, F7, F10

NTSK transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +7,765,561
Change %
Price
Shares after: 7,765,561
Date: 18 Sep 2025
Ownership: See footnote
Footnotes: F1, F11, F12

NTSK transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +4,040,640
Change %: +1347%
Price
Shares after: 4,340,640
Date: 18 Sep 2025
Ownership: See footnote
Footnotes: F1, F11, F13, F14

NTSK transaction

Common Stock

Other

Transaction value
Shares: -20,231,286
Change %: -100%
Price
Shares after: 0
Date: 19 Sep 2025
Ownership: See footnote
Footnotes: F1, F4

NTSK transaction

Common Stock

Other

Transaction value
Shares: -8,818,610
Change %: -100%
Price
Shares after: 0
Date: 19 Sep 2025
Ownership: See footnote
Footnotes: F1, F8

NTSK transaction

Common Stock

Other

Transaction value
Shares: -7,508,890
Change %: -100%
Price
Shares after: 0
Date: 19 Sep 2025
Ownership: See footnote
Footnotes: F1, F9

NTSK transaction

Common Stock

Other

Transaction value
Shares: -15,608,645
Change %: -100%
Price
Shares after: 0
Date: 19 Sep 2025
Ownership: See footnote
Footnotes: F1, F10

NTSK transaction

Common Stock

Other

Transaction value
Shares: -7,765,561
Change %: -100%
Price
Shares after: 0
Date: 19 Sep 2025
Ownership: See footnote
Footnotes: F1, F12

NTSK transaction

Common Stock

Other

Transaction value
Shares: -4,340,640
Change %: -100%
Price
Shares after: 0
Date: 19 Sep 2025
Ownership: See footnote
Footnotes: F1, F14

NTSK transaction

Common Stock

Other

Transaction value
Shares: -219,075
Change %: -100%
Price
Shares after: 0
Date: 19 Sep 2025
Ownership: See footnote
Footnotes: F1, F15

NTSK transaction

Common Stock

Other

Transaction value
Shares: -500
Change %: -100%
Price
Shares after: 0
Date: 19 Sep 2025
Ownership: See footnote
Footnotes: F1, F16

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NTSK transaction Derivative

Series B Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -15,892,460
Change %: -100%
Price
Shares after: 0
Date: 18 Sep 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 15,892,460
Exercise price
Footnotes: F1, F2, F4

NTSK transaction Derivative

Series C Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -4,338,826
Change %: -100%
Price
Shares after: 0
Date: 18 Sep 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 4,338,826
Exercise price
Footnotes: F1, F3, F4

NTSK transaction Derivative

Series D Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -2,227,876
Change %: -100%
Price
Shares after: 0
Date: 18 Sep 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 2,227,876
Exercise price
Footnotes: F1, F5, F8

NTSK transaction Derivative

Series E Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -5,672,579
Change %: -100%
Price
Shares after: 0
Date: 18 Sep 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 5,672,579
Exercise price
Footnotes: F1, F6, F8

NTSK transaction Derivative

Series E Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -5,672,579
Change %: -100%
Price
Shares after: 0
Date: 18 Sep 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 5,672,579
Exercise price
Footnotes: F1, F6, F9

NTSK transaction Derivative

Series F Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -918,155
Change %: -100%
Price
Shares after: 0
Date: 18 Sep 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 918,155
Exercise price
Footnotes: F1, F7, F8

NTSK transaction Derivative

Series F Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -1,836,311
Change %: -100%
Price
Shares after: 0
Date: 18 Sep 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 1,836,311
Exercise price
Footnotes: F1, F7, F9

NTSK transaction Derivative

Series F Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -15,608,645
Change %: -100%
Price
Shares after: 0
Date: 18 Sep 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 15,608,645
Exercise price
Footnotes: F1, F7, F10

NTSK transaction Derivative

Series G Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -7,765,561
Change %: -100%
Price
Shares after: 0
Date: 18 Sep 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 7,765,561
Exercise price
Footnotes: F1, F11, F12

NTSK transaction Derivative

Series G Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -2,986,754
Change %: -100%
Price
Shares after: 0
Date: 18 Sep 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 2,986,754
Exercise price
Footnotes: F1, F11, F14

NTSK transaction Derivative

Series H Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -1,053,886
Change %: -100%
Price
Shares after: 0
Date: 18 Sep 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 1,053,886
Exercise price
Footnotes: F1, F13, F14

NTSK transaction Derivative

Class B Common Stock

Other

Transaction value
Shares: +20,231,286
Change %
Price
Shares after: 20,231,286
Date: 19 Sep 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 20,231,286
Exercise price
Footnotes: F1, F4, F17, F18

NTSK transaction Derivative

Class B Common Stock

Other

Transaction value
Shares: +8,818,610
Change %
Price
Shares after: 8,818,610
Date: 19 Sep 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 8,818,610
Exercise price
Footnotes: F1, F8, F17, F18

NTSK transaction Derivative

Class B Common Stock

Other

Transaction value
Shares: +7,508,890
Change %
Price
Shares after: 7,508,890
Date: 19 Sep 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 7,508,890
Exercise price
Footnotes: F1, F9, F17, F18

NTSK transaction Derivative

Class B Common Stock

Other

Transaction value
Shares: +15,608,645
Change %
Price
Shares after: 15,608,645
Date: 19 Sep 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 15,608,645
Exercise price
Footnotes: F1, F10, F17, F18

NTSK transaction Derivative

Class B Common Stock

Other

Transaction value
Shares: +7,765,561
Change %
Price
Shares after: 7,765,561
Date: 19 Sep 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 7,765,561
Exercise price
Footnotes: F1, F12, F17, F18

NTSK transaction Derivative

Class B Common Stock

Other

Transaction value
Shares: +4,340,640
Change %
Price
Shares after: 4,340,640
Date: 19 Sep 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 4,340,640
Exercise price
Footnotes: F1, F14, F17, F18

NTSK transaction Derivative

Class B Common Stock

Other

Transaction value
Shares: +219,075
Change %
Price
Shares after: 219,075
Date: 19 Sep 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 219,075
Exercise price
Footnotes: F1, F15, F17, F18

NTSK transaction Derivative

Class B Common Stock

Other

Transaction value
Shares: +500
Change %
Price
Shares after: 500
Date: 19 Sep 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 500
Exercise price
Footnotes: F1, F16, F17, F18

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 18 footnotes

Footnote F1

Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was reclassified into one share of Class B Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock (the "IPO").

Footnote F2

Each share of Series B Convertible Preferred Stock converted into Common Stock on a one-to-one basis prior to the completion of the IPO and had no expiration date.

Footnote F3

Each share of Series C Convertible Preferred Stock converted into Common Stock on a one-to-one basis prior to the completion of the IPO and had no expiration date.

Footnote F4

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.

Footnote F5

Each share of Series D Convertible Preferred Stock converted into Common Stock on a one-to-one basis prior to the completion of the IPO and had no expiration date.

Footnote F6

Each share of Series E Convertible Preferred Stock converted into Common Stock on a one-to-one basis prior to the completion of the IPO and had no expiration date.

Footnote F7

Each share of Series F Convertible Preferred Stock converted into Common Stock on a one-to-one basis prior to the completion of the IPO and had no expiration date.

Footnote F8

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.

Footnote F9

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.

Footnote F10

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.

Footnote F11

Each share of Series G Convertible Preferred Stock converted into Common Stock on a one-to-one basis prior to the completion of the IPO and had no expiration date.

Footnote F12

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.

Footnote F13

Each share of Series H Convertible Preferred Stock converted into Common Stock on a one-to-one basis prior to the completion of the IPO and had no expiration date.

Footnote F14

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.

Footnote F15

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.

Footnote F16

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.

Footnote F17

Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder.

Footnote F18

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.

SEC remarks

This report is the second of three reports, each on a separate Form 4, but relating to the same transaction being filed by entities affiliated with Lightspeed Venture Partners and their applicable related parties.