Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Westberg Paul
2. Date of Event Requiring Statement (Month/Day/Year)
03/20/2014
3. Issuer Name and Ticker or Trading Symbol
Versartis, Inc. [VSAR]
(Last)
(First)
(Middle)
C/O VERSARTIS, INC., 275 SHORELINE DRIVE, SUITE 450
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr. VP, Business Development
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

REDWOOD CITY, CA 94065
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)   (1) 03/29/2021 Common Stock 17,217 $ 1.265 D  
Stock Option (Right to Buy)   (2) 03/29/2021 Common Stock 24,495 $ 1.265 D  
Stock Option (Right to Buy)   (3) 04/30/2022 Common Stock 21,511 $ 1.38 D  
Stock Option (Right to Buy)   (4) 01/22/2023 Common Stock 24,270 $ 1.61 D  
Stock Option (Right to Buy)   (5) 07/14/2023 Common Stock 20,397 $ 1.61 D  
Stock Option (Right to Buy)   (6) 12/04/2023 Common Stock 12,482 $ 2.53 D  
Stock Option (Right to Buy)   (6) 12/04/2023 Common Stock 5,814 $ 2.53 D  
Stock Option (Right to Buy)   (7) 02/18/2024 Common Stock 51,247 $ 8.165 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Westberg Paul
C/O VERSARTIS, INC.
275 SHORELINE DRIVE, SUITE 450
REDWOOD CITY, CA 94065
      Sr. VP, Business Development  

Signatures

/s/ Kevin Haas, Attorney-in-fact 03/20/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 4,304 of the shares subject to the option are vested and exercisable on 3/30/2011 and 1/36 of the remaining number of shares subject to the option shall vest and become exercisable on each monthly anniversary from 3/30/2011.
(2) 25% of the shares subject to the option become exercisable one year from 3/30/2011; the remainder become exercisable in equal monthly installments over the following three years.
(3) 25% of the shares subject to the option become exercisable one year from 5/1/2012; the remainder become exercisable in equal monthly installments over the following three years.
(4) 25% of the shares subject to the option become exercisable one year from 1/23/2013; the remainder become exercisable in equal monthly installments over the following three years.
(5) 25% of the shares subject to the option become exercisable one year from 7/15/2013; the remainder become exercisable in equal monthly installments over the following three years.
(6) 25% of the shares subject to the option become exercisable one year from 12/5/2013; the remainder become exercisable in equal monthly installments over the following three years.
(7) 25% of the shares subject to the option become exercisable one year from 2/14/2014; the remainder become exercisable in equal monthly installments over the following three years.

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