UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
| CHECK POINT SOFTWARE TECHNOLOGIES LTD. |
| (Name of Issuer) |
Ordinary Shares, NIS .01 nominal value |
| (Title of Class of Securities) |
| M22465 10 4 |
| (CUSIP Number) |
|
| (Date of event which requires filing of this statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| 1 | NAME OF REPORTING PERSONS I.R.S IDENTIFICATION NOS. OF ABOVE PERSONS Gil Shwed |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)o
(b)o |
| 3 | SEC USE ONLY |
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Israel |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH | 5 | SOLE VOTING POWER
[30,503,895 ] ordinary shares |
| 6 | SHARED VOTING POWER
0 |
| 7 | SOLE DISPOSITIVE POWER
[30,503,895 ] ordinary shares |
| 8 | SHARED DISPOSITIVE POWER
0 |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
[30,503,895 ] ordinary shares |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
| 12 | TYPE OF REPORTING PERSON
IN |
Check Point Software Technologies Ltd. (the "Issuer")
| | (b) | Address of Issuer’s Principal Executive Offices: |
5 Ha'solelim Street
Tel Aviv, Israel
Item 2
| | (a) | Name of Person Filing: |
Gil Shwed (the "Reporting Person")
| | (b) | Address of Principal Business Office or, if None, Residence: |
c/o Check Point Software Technologies Ltd.
5 Ha'solelim Street
Tel Aviv, Israel
Israel
| | (d) | Title of Class of Securities: |
Ordinary shares, NIS .01 nominal value
M22465 10 4
| | (a) | Amount Beneficially Owned: |
[30,503,895] ordinary shares
[The number of ordinary shares set forth above includes [5,540,000] ordinary shares that the Reporting Person has the right to acquire pursuant to stock options that are exercisable within 60 days after December 31, 2016.]
| | (b) | Percent of Class: [17.8%] |
| | (c) | Number of shares as to which the person has: |
| | (i) | Sole power to vote or direct the vote: [30,503,895] ordinary shares |
| | (ii) | Shared power to vote or to direct the vote: 0 |
| | (iii) | Sole power to dispose or to direct the disposition of: [30,503,895] ordinary shares |
| | (iv) | Shared power to dispose or to direct the disposition of: 0 |
| | * The Reporting Person has been advised by the Issuer that, as of December 31, 2016, the Issuer had [165,975,204] ordinary shares outstanding. |
| Item 5 | Ownership of Five Percent or Less of a Class. |
Not applicable.
| 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.
| Item 9 | Notice of Dissolution of Group. |
Not applicable.
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| | | | |
| | By: | /s/ Gil Shwed | |
| | | Gil Shwed | |
