Home/Filings/3/0001231919-25-000384

3//SEC Filing

Lightspeed General Partner Select II, L.P. 3

Accession 0001231919-25-000384

CIK 0001639723other

View on SEC.gov Company Profile

Filed

Oct 28, 8:00 PM ET

Accepted

Oct 29, 9:39 PM ET

Size

38.5 KB

Accession

0001231919-25-000384

Insider Transaction Report

Form 3

Period: 2025-10-29

Navan, Inc.NAVN

Lightspeed Venture Partners Select II, L.P.

10% Owner

Holdings

Series B Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (2,680,821 underlying)
Series C-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (1,387,848 underlying)
Series D Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (2,432,552 underlying)
Series D Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (1,576,654 underlying)
Series E Preferred Stock
(indirect: By Lightspeed Strategic Partners I, L.P.)
→ Class A Common Stock (385,038 underlying)
Series B Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (13,404,106 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (67,641 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (67,641 underlying)
Class A Common Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
302,503
Series Seed Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (3,914,906 underlying)
Series A Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (4,026,218 underlying)
Series E Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (1,759,626 underlying)
Series Seed Preferred Stock
(indirect: By Lightspeed Affiliates X, L.P.)
→ Class A Common Stock (192,885 underlying)
Series A-1 Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (12,743,557 underlying)
Series C Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (4,490,223 underlying)
Series F Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (218,667 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (67,641 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Strategic Partners I, L.P.)
→ Class A Common Stock (202,927 underlying)

Lightspeed General Partner Select II, L.P.

10% Owner

Holdings

Series Seed Preferred Stock
(indirect: By Lightspeed Affiliates X, L.P.)
→ Class A Common Stock (192,885 underlying)
Series C Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (4,490,223 underlying)
Class A Common Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
302,503
Series A Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (4,026,218 underlying)
Series A-1 Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (12,743,557 underlying)
Series C-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (1,387,848 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (67,641 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (67,641 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Strategic Partners I, L.P.)
→ Class A Common Stock (202,927 underlying)
Series B Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (2,680,821 underlying)
Series B Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (13,404,106 underlying)
Series E Preferred Stock
(indirect: By Lightspeed Strategic Partners I, L.P.)
→ Class A Common Stock (385,038 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (67,641 underlying)
Series Seed Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (3,914,906 underlying)
Series D Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (2,432,552 underlying)
Series D Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (1,576,654 underlying)
Series E Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (1,759,626 underlying)
Series F Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (218,667 underlying)

Lightspeed Ultimate General Partner Select II, Ltd.

10% Owner

Holdings

Series Seed Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (3,914,906 underlying)
Series E Preferred Stock
(indirect: By Lightspeed Strategic Partners I, L.P.)
→ Class A Common Stock (385,038 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (67,641 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (67,641 underlying)
Class A Common Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
302,503
Series B Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (13,404,106 underlying)
Series D Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (2,432,552 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (67,641 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Strategic Partners I, L.P.)
→ Class A Common Stock (202,927 underlying)
Series B Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (2,680,821 underlying)
Series C Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (4,490,223 underlying)
Series E Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (1,759,626 underlying)
Series F Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (218,667 underlying)
Series A-1 Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (12,743,557 underlying)
Series C-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (1,387,848 underlying)
Series D Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (1,576,654 underlying)
Series Seed Preferred Stock
(indirect: By Lightspeed Affiliates X, L.P.)
→ Class A Common Stock (192,885 underlying)
Series A Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (4,026,218 underlying)

LIGHTSPEED VENTURE PARTNERS SELECT III, L.P.

10% Owner

Holdings

Class A Common Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
302,503
Series B Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (2,680,821 underlying)
Series B Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (13,404,106 underlying)
Series E Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (1,759,626 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (67,641 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (67,641 underlying)
Series A-1 Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (12,743,557 underlying)
Series D Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (1,576,654 underlying)
Series E Preferred Stock
(indirect: By Lightspeed Strategic Partners I, L.P.)
→ Class A Common Stock (385,038 underlying)
Series Seed Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (3,914,906 underlying)
Series A Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (4,026,218 underlying)
Series Seed Preferred Stock
(indirect: By Lightspeed Affiliates X, L.P.)
→ Class A Common Stock (192,885 underlying)
Series C Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (4,490,223 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (67,641 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Strategic Partners I, L.P.)
→ Class A Common Stock (202,927 underlying)
Series C-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (1,387,848 underlying)
Series D Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (2,432,552 underlying)
Series F Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (218,667 underlying)

Lightspeed General Partner Select III, L.P.

10% Owner

Holdings

Class A Common Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
302,503
Series C Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (4,490,223 underlying)
Series C-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (1,387,848 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (67,641 underlying)
Series B Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (13,404,106 underlying)
Series D Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (2,432,552 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (67,641 underlying)
Series Seed Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (3,914,906 underlying)
Series Seed Preferred Stock
(indirect: By Lightspeed Affiliates X, L.P.)
→ Class A Common Stock (192,885 underlying)
Series D Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (1,576,654 underlying)
Series F Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (218,667 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Strategic Partners I, L.P.)
→ Class A Common Stock (202,927 underlying)
Series E Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (1,759,626 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (67,641 underlying)
Series A Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (4,026,218 underlying)
Series A-1 Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (12,743,557 underlying)
Series B Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (2,680,821 underlying)
Series E Preferred Stock
(indirect: By Lightspeed Strategic Partners I, L.P.)
→ Class A Common Stock (385,038 underlying)

Lightspeed Ultimate General Partner Select III, Ltd.

10% Owner

Holdings

Class A Common Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
302,503
Series Seed Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (3,914,906 underlying)
Series A Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (4,026,218 underlying)
Series B Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (13,404,106 underlying)
Series F Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (218,667 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (67,641 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Strategic Partners I, L.P.)
→ Class A Common Stock (202,927 underlying)
Series Seed Preferred Stock
(indirect: By Lightspeed Affiliates X, L.P.)
→ Class A Common Stock (192,885 underlying)
Series A-1 Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (12,743,557 underlying)
Series B Preferred Stock
(indirect: By Lightspeed Venture Partners X, L.P.)
→ Class A Common Stock (2,680,821 underlying)
Series C Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (4,490,223 underlying)
Series C-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (1,387,848 underlying)
Series D Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (2,432,552 underlying)
Series D Preferred Stock
(indirect: By Lightspeed Venture Partners Select III, L.P.)
→ Class A Common Stock (1,576,654 underlying)
Series E Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (1,759,626 underlying)
Series E Preferred Stock
(indirect: By Lightspeed Strategic Partners I, L.P.)
→ Class A Common Stock (385,038 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (67,641 underlying)
Series G-1 Preferred Stock
(indirect: By Lightspeed Venture Partners Select II, L.P.)
→ Class A Common Stock (67,641 underlying)

Footnotes (7)

[F1]Shares are held by Lightspeed Opportunity Fund, L.P. ("Opportunity"). Lightspeed General Partner Opportunity Fund, L.P. ("LGP Opportunity") is the general partner of Opportunity. Lightspeed Ultimate General Partner Opportunity Fund, Ltd. ("LUGP Opportunity") is the general partner of LGP Opportunity. Each of LGP Opportunity and LUGP Opportunity disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
[F2]The Series Seed, Series A, Series A-1, Series B, Series C, Series C-1, Series D, Series E, Series F and Series G-1 Preferred Stock are each convertible into Class A Common Stock on a ratio dependent on the public offering price of the Class A Common Stock in the Issuer's initial public offering, and have no expiration date. Upon the closing of the Issuer's initial public offering, all shares of Series Seed, Series A, Series A-1, Series B, Series C, Series C-1, Series D, Series E, Series F and Series G-1 Preferred Stock will be converted into shares of Class A Common Stock of the Issuer.
[F3]Shares are held by Lightspeed Venture Partners X, L.P. ("Lightspeed X"). Lightspeed General Partner X, L.P. ("LGP X") is the general partner of Lightspeed X. Lightspeed Ultimate General Partner X, Ltd. ("LUGP X") is the general partner of LGP X. Each of LGP X and LUGP X disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
[F4]Shares are held by Lightspeed Affiliates X, L.P. ("Affiliates X"). LGP X is the general partner of Affiliates X. LUGP X is the general partner of LGP X. Each of LGP X and LUGP X disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
[F5]Shares are held by Lightspeed Venture Partners Select II, L.P. ("Lightspeed Select II"). Lightspeed General Partner Select II, L.P. ("LGP Select II") is the general partner of Lightspeed Select II. Lightspeed Ultimate General Partner Select II, Ltd. ("LUGP Select II") is the general partner of LGP Select II. Each of LGP Select II and LUGP Select II disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
[F6]Shares are held by Lightspeed Venture Partners Select III, L.P. ("Lightspeed Select III"). Lightspeed General Partner Select III, L.P. ("LGP Select III") is the general partner of Lightspeed Select III. Lightspeed Ultimate General Partner Select III, Ltd. ("LUGP Select III") is the general partner of LGP Select III. Each of LGP Select III and LUGP Select III disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
[F7]Shares are held by Lightspeed Strategic Partners I L.P. ("Strategic "). Lightspeed Strategic Partners General Partner I L.P. ("LGP Strategic") is the general partner of Strategic. Lightspeed Strategic Partners Ultimate General Partner I L.L.C. ("LUGP Strategic") is the general partner of LGP Strategic. Each of LGP Strategic and LUGP Strategic disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.

Documents

1 file

3
form3-10302025_011016.xmlPrimary

Issuer

Navan, Inc.

CIK 0001639723

→

Entity typeother

IncorporatedCayman Islands

Related Parties

filerCIK 0001744936

Filing Metadata

Form type: 3
Filed: Oct 28, 8:00 PM ET
Accepted: Oct 29, 9:39 PM ET
Size: 38.5 KB

View on SEC.gov