September 18, 2025 · Form 4 insider transaction
Janmohamed Arif sold 2,986,754 shares of NETSKOPE INC, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 4 days after the transaction.
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.; 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").; The reported shares are held of record by Lightspeed Opportunity Fund, L.P., or Lightspeed Opportunity Fund. The reporting person is a director of Lightspeed Ultimate General Partner Opportunity Fund Ltd., the indirect general partner of Lightspeed Opportunity Fund, and shares voting and investment power with respect to the shares held of record by Lightspeed Opportunity Fund. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.