Janmohamed Arif 4

Accession 0001813938-25-000006

CIK 0001639723other

Filed

Nov 3, 7:00 PM ET

Accepted

Nov 4, 5:11 PM ET

Size

21.1 KB

Accession

0001813938-25-000006

Form 4

Period: 2025-10-31

Director

Transactions

Conversion
Series E Preferred Stock
2025-10-31−1,148,606→ 0 total(indirect: By Lightspeed Strategic Partners I L.P.)
→ Class A Common Stock (385,038 underlying)
Conversion
Class A Common Stock
2025-10-31+4,478,486→ 4,780,989 total(indirect: By Lightspeed Opportunity Fund, L.P.)
Conversion
Series D Preferred Stock
2025-10-31−7,287,940→ 0 total(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (2,432,552 underlying)
Conversion
Series F Preferred Stock
2025-10-31−649,200→ 0 total(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (218,667 underlying)
Conversion
Series G-1 Preferred Stock
2025-10-31−200,273→ 0 total(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (67,641 underlying)
Conversion
Class A Common Stock
2025-10-31+587,965→ 587,965 total(indirect: By Lightspeed Strategic Partners I L.P.)
Conversion
Series G-1 Preferred Stock
2025-10-31−600,821→ 0 total(indirect: By Lightspeed Strategic Partners I L.P.)
→ Class A Common Stock (202,927 underlying)
Conversion
Series E Preferred Stock
2025-10-31−5,249,132→ 0 total(indirect: By Lightspeed Opportunity Fund, L.P.)
→ Class A Common Stock (1,759,626 underlying)

Footnotes (3)

[F1]Each share of Series D, Series E, Series F and Series G-1 Preferred Stock automatically converted into shares of Class A Common Stock immediately prior to the closing of the Issuer's initial public offering ("IPO") for no additional consideration at a conversion ratio that was dependent upon the initial price per share to the public in the Issuer's IPO.
[F2]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. The Reporting Person is a director of LUGP Opportunity and shares voting and dispositive power with respect to the shares held by Opportunity. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
[F3]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. The Reporting Person is a manager of LUGP Strategic and shares voting and dispositive power with respect to the shares held by Strategic. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Documents

1 file

Navan, Inc.

CIK 0001639723

Entity typeother