SC 13G/A: CHECK POINT SOFTWARE TECHNOLOGIES LTD
Ticker: CHKP · Form: SC 13G/A · Filed: Nov 13, 2024 · CIK: 1015922
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by CHECK POINT SOFTWARE TECHNOLOGIES LTD.
Risk Assessment
Risk Level: low
Filing Stats: 812 words · 3 min read · ~3 pages · Grade level 11.9 · Accepted 2024-11-13 16:30:26
Filing Documents
- zk2432309.htm (SC 13G/A) — 45KB
- 0001178913-24-003652.txt ( ) — 46KB
(a) Name of Issuer
Item 1(a) Name of Issuer Check Point Software Technologies Ltd. (the "Issuer").
(b) Address of Issuer's Principal
Item 1(b) Address of Issuer's Principal Executive Offices 5 Shlomo Kaplan, Tel Aviv 6789159, Israel
(a)-(b) Name of Person Filing; Address of
Item 2(a)-(b) Name of Person Filing; Address of Principal Business Office or, if none, Residence (a) Gil Shwed (the "Reporting Person") (b) c/o Check Point Software Technologies Ltd. 5 Shlomo Kaplan Street, Tel Aviv 6789159, Israel
(c) Citizenship
Item 2(c) Citizenship Israel
(d) Title of Class of Securities
Item 2(d) Title of Class of Securities Ordinary Shares, nominal value NIS 0.01 per share
(e) CUSIP Number
Item 2(e) CUSIP Number M22465 10 4 Item 3 If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: Not applicable.
Ownership
Item 4 Ownership (a) Amount beneficially owned : 28,797,215 Ordinary Shares, which consists of (i) 24,877,215 ordinary shares held by the Reporting Person and (ii) 3,920,000 ordinary shares that the Reporting Person has the right to acquire pursuant to stock options that are exercisable within 60 days of September 30, 2024. (b) Percent of class beneficially owned : 25.3% including the unexercised stock options referenced in subsection (a) above. Without such unexercised stock options, the 24,877,215 ordinary shares held by the Reporting Person represented 22.6% of the outstanding ordinary shares and voting rights as of September 30, 2024. (c) Number of shares as to which the person has : (i) Sole power to vote or direct the vote: 24,877,215 ordinary shares outstanding (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of 28,797,215 ordinary shares* (iv) Shared power to dispose or to direct the disposition of: 0 * The 3,920,000 ordinary shares subject to the stock options referenced above do not have any voting rights unless and until such stock options are exercised by the Reporting Person. The Reporting Person has been advised by the Issuer that, as of September 30, 2024, the Issuer had 109,940,039 ordinary shares outstanding. Page 3 of 5 Pages
Ownership of
Item 5 Ownership of Five Percent or Less of a Class Not applicable.
Ownership of
Item 6 Ownership of More than Five Percent on Behalf of Another Person Not applicable. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company Not applicable. Item 8 Identification and Classification of Members of the Group Not applicable.
Notice of
Item 9 Notice of Dissolution of Group Not applicable.
Certification
Item 10 Certification Not applicable. Page 4 of 5 Pages Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Dated: November 13, 2024 By: /s/ Gil Shwed Gil Shwed Page 5 of 5 Pages