Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
Index Ventures IV (Jersey) LP
  2. Issuer Name and Ticker or Trading Symbol
Versartis, Inc. [VSAR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
OGIER HOUSE, THE ESPLANADE
3. Date of Earliest Transaction (Month/Day/Year)
03/26/2014
(Street)

ST. HELIER, Y9 JE4 9WG
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/26/2014   C   2,391,810 A (1) 2,391,810 D (2)  
Common Stock 03/26/2014   X   43,579 A (3) 2,435,389 D (2)  
Common Stock 03/26/2014   C   227,032 A (1) 227,032 D (4)  
Common Stock 03/26/2014   X   4,136 A (3) 231,168 D (4)  
Common Stock 03/26/2014   C   21,119 A (1) 21,119 D (5)  
Common Stock 03/26/2014   X   384 A (3) 21,503 D (5)  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Convertible Preferred Stock (1) 03/26/2014   C     9,966,027   (6)   (6) Common Stock 866,611 $ 0 0 D (2)  
Series B Convertible Preferred Stock (1) 03/26/2014   C     8,017,215   (6)   (6) Common Stock 697,149 $ 0 0 D (2)  
Series C Convertible Preferred Stock (1) 03/26/2014   C     7,389,507   (6)   (6) Common Stock 642,566 $ 0 0 D (2)  
Series D-1 Convertible Preferred Stock (1) 03/26/2014   C     1,476,754   (6)   (6) Common Stock 128,413 $ 0 0 D (2)  
Series D-2 Convertible Preferred Stock (1) 03/26/2014   C     656,313   (6)   (6) Common Stock 57,071 $ 0 0 D (2)  
Warrant to Purchase Series B Convertible Preferred Stock $ 0.45 03/26/2014   C(7)     665,057   (8) 03/26/2014 Series B Convertible Preferred Stock 665,057 $ 0 0 D (2)  
Warrant to Purchase Common Stock $ 5.175 03/26/2014   C(7)   57,831   03/26/2014 03/26/2014 Common Stock 57,831 $ 0 57,831 D (2)  
Warrant to Purchase Common Stock $ 5.175 03/26/2014   X(7)     57,831 03/26/2014 03/26/2014 Common Stock 57,831 $ 0 0 D (2)  
Series A Convertible Preferred Stock (1) 03/26/2014   C     945,973   (6)   (6) Common Stock 82,259 $ 0 0 D (4)  
Series B Convertible Prefered Stock (1) 03/26/2014   C     760,994   (6)   (6) Common Stock 66,173 $ 0 0 D (4)  
Series C Convertible Preferred Stock (1) 03/26/2014   C     701,432   (6)   (6) Common Stock 60,994 $ 0 0 D (4)  
Series D-1 Convertible Preferred Stock (1) 03/26/2014   C     140,174   (6)   (6) Common Stock 12,189 $ 0 0 D (4)  
Series D-2 Convertible Preferred Stock (1) 03/26/2014   C     62,297   (6)   (6) Common Stock 5,417 $ 0 0 D (4)  
Warrant to Purchase Series B Convertible Preferred Stock $ 0.45 03/26/2014   C(7)     63,127   (8) 03/26/2014 Series B Convertible Preferred Stock 63,127 $ 0 0 D (4)  
Warrant to Purchase Common Stock $ 5.175 03/26/2014   C(7)   5,489   03/26/2014 03/26/2014 Common Stock 5,489 $ 0 5,489 D (4)  
Warrant to Purchase Common Stock $ 5.175 03/26/2014   X(7)     5,489 03/26/2014 03/26/2014 Common Stock 5,489 $ 0 0 D (4)  
Series A Convertible Preferred Stock (1) 03/26/2014   C     88,000   (6)   (6) Common Stock 7,652 $ 0 0 D (5)  
Seires B Convertible Preferred Stock (1) 03/26/2014   C     70,792   (6)   (6) Common Stock 6,155 $ 0 0 D (5)  
Series C Convertible Preferred Stock (1) 03/26/2014   C     65,250   (6)   (6) Common Stock 5,674 $ 0 0 D (5)  
Series D-1 Convertible Preferred Stock (1) 03/26/2014   C     13,040   (6)   (6) Common Stock 1,134 $ 0 0 D (5)  
Series D-2 Convertible Preferred Stock (1) 03/26/2014   C     5,796   (6)   (6) Common Stock 504 $ 0 0 D (5)  
Warrant to Purchase Series B Convertible Preferred Stock $ 0.45 03/26/2014   C(7)     5,872   (8) 03/26/2014 Series B Convertible Preferred Stock 5,872 $ 0 0 D (5)  
Warrant to Purchase Common Stock $ 5.175 03/26/2014   C(7)   510   03/26/2014 03/26/2014 Common Stock 510 $ 0 510 D (5)  
Warrant to Purchase Common Stock $ 5.175 03/26/2014   X(7)     510 03/26/2014 03/26/2014 Common Stock 510 $ 0 0 D (5)  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Index Ventures IV (Jersey) LP
OGIER HOUSE
THE ESPLANADE
ST. HELIER, Y9 JE4 9WG
    X    
Index Ventures IV Parallel Entrepreneur Fund (Jersey) LP
OGIER HOUSE
THE ESPLANADE
ST. HELIER, Y9 JE4 9WG
    X    
Yucca (Jersey) SLP
OGIER HOUSE
THE ESPLANADE
ST. HELIER, Y9 JE4 9WG
    X    

Signatures

 /s/ Index Ventures IV (Jersey), L.P. By: Its Managing General Partner Index Venture Associates IV Limited Charles Le Cornu, Alternate Director   03/27/2014
**Signature of Reporting Person Date

 /s/ Acting by its managing General Partner, Index Associates IV Limited, Charles Le Cornu, Alternate Director   03/27/2014
**Signature of Reporting Person Date

 /s/ By: Ogier Employee Benefit Services Limited as Authorized Signatory of Yucca (Jersey) SLP in its capacity as administrator of the Index Co-Investment Scheme, by: Charles Le Cornu, authorized signatory   03/27/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) In connection with the completion of the Issuer's initial public offering of common Stock, each share of Series A Convertible Preferred Stock, Series B Convertible Preferred Stock, Series C Convertible Preferred Stock, Series D-1 Convertible Preferred Stock and Series D-2 Convertible Preferred Stock automatically converted into Common Stock on a 1-for 11.5 basis.
(2) The securities are held by Index Ventures IV (Jersey) L.P. ("Index Ventures IV"). Index Venture Associates IV Limited is the general partner of Index Ventures IV. Paul Willing, Sinead Meehan, David Hall, Bernard Dalle and Phil Balderson are directors of Index Venture Associates IV Limited. Messrs. Willing, Hall, Dalle, Balderson and Ms. Meehan share voting and dispositive power with respect to the securities. Each of these persons disclaims beneficial ownership of these securities except to the extent of his or her pecuniary interest therein.
(3) Shares issued in connection with the net issue exercise of a warrant to purchase common stock.
(4) The securities are held by Index Ventures IV Parallel Entrepreneur Fund (Jersey) L.P. ("Index Entrepreneur Fund"). Index Venture Associates IV Limited is the general partner of Index Entrepreneur Fund. Paul Willing, Sinead Meehan, David Hall, Bernard Dalle and Phil Balderson are directors of Index Venture Associates IV Limited. Messrs. Willing, Hall, Dalle, Balderson and Ms. Meehan share voting and dispositive power with respect to the securities. Each of these persons disclaims beneficial ownership of these securities except to the extent of his or her pecuniary interest therein.
(5) The securities are held by Yucca (Jersey) SLP ("Yucca"). The corporate general partner of Yucca is Yucca Associates Limited. Messrs. Nigel T. Greenwood and Ian J. Henderson are directors of Yucca Associates Limited and share voting and dispositive power with respect to the securities held by Yucca. Each of these persons disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
(6) The securities do not have an expiraion date. Each share of Series A, Series B, Series C, Series D-1 and Series D-2 Convertible Preferred Stock converted automatically into shares of Common Stock in connection with the closing of the Issuer's initial public offering on March 26, 2014. Prior to its conversion into the Issuer's Common Stock, the Series A, Series B, Series C, Series D-1 and Series D-2 Convertible Preferred Stock was convertible at any time at the option of the holder.
(7) In connection with the closing of the Issuer's initial public offering of common stock, the warrants to purchase Series B Convertible Preferred Stock were converted into warrants to purchase Common Stock and were immediately net issue exercised into shares of Common Stock.
(8) Prior to the issuer's initial public offering of Common Stock, the warrants to purchase Series B Convertible Preferred Stock were exercisable at any time at the option of the holder. In connection with the issuer's initial public offering of Common Stock, the warrants converted into warrants to purchase common stock and were immediately and automatically net issue exercised.

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