CHECK POINT SOFTWARE TECHNOLOGIES LTD — Major Shareholding Notification 2010

Feb 11, 2010

SC 13G 1 zk1007898.htm SCHEDULE 13G zk1007898.htm Licensed to: ZadokKeinan Document Created using EDGARizer 5.1.5.0 Copyright 1995 - 2009 Thomson Reuters. All rights reserved. MARKER FORMAT-SHEET="Scotch Rule Top-TNR2" FSL="Workstation"

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

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SCHEDULE 13G Under the Securities Exchange Act of 1934

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| CHECK POINT SOFTWARE
TECHNOLOGIES LTD. |
| --- |
| (Name of
Issuer) |

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| Ordinary Shares, NIS .01
nominal value |
| --- |
| (Title of Class
of Securities) |

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M22465 10 4
(CUSIP Number)

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December 31, 2009 (Date of Event Which Requires Filing of this Statement)

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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

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o Rule 13d-1(b)

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o Rule 13d-1(c)

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x Rule 13d-1(d)

• The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in 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 (“Act”) 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).

Page 1 of 5 pages

CUSIP No. M22465 10 4 13G Page 2 of 5 Pages

| 1 | NAME OF REPORTING
PERSON Gil Shwed I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
(ENTITIES ONLY) | |
| --- | --- | --- |
| 2 | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (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 32,763,434 ordinary shares |
| | 6 | SHARED VOTING POWER 0 |
| | 7 | SOLE DISPOSITIVE
POWER 32,763,434 ordinary
shares |
| | 8 | SHARED DISPOSITIVE
POWER 0 |
| 9 | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 32,763,434 ordinary shares | |
| 10 | CHECK IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES o | |
| 11 | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (9) 15.1% | |
| 12 | TYPE OF REPORTING
PERSON IN | |

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Item 1(a). Name of Issuer:

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Check Point Software Technologies Ltd. (the “Issuer”)

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Item 1(b). Address of Issuer’s Principal Executive Offices:

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5 Ha’solelim Street Tel Aviv, Israel

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Item 2(a). Name of Person Filing:

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Gil Shwed (the “Reporting Person”)

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Item 2(b). Address of Principal Business Office:

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5 Ha’solelim Street Tel Aviv, Israel

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Item 2(c). Citizenship:

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Israel

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Item 2(d). Title of Class of Securities:

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Ordinary shares, NIS .01 nominal value

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Item 2(e). CUSIP Number:

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M22465 10 4

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ITEM 3. Not applicable.

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ITEM 4. Ownership

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Set forth below is information with respect to the Reporting Person’s ownership of ordinary shares as of December 31, 2009:

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(a) Amount Beneficially Owned:

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32,763,434 ordinary shares

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The number of ordinary shares set forth above includes 7,799,875 ordinary shares that the Reporting Person has the right to acquire pursuant to stock options that are exercisable within 60 days after December 31, 2009. As of December 31, 2009, the Issuer had 209,099,392 ordinary shares outstanding.

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(b) Percent of Class:

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15.1%

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(c) Number of shares as to which the Reporting Person has:

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(i) Sole power to vote or to direct the vote :

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32,763,434 ordinary shares

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(ii) Shared power to vote or to direct the vote :

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-0-

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(iii) Sole power to dispose or to direct the disposition of

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32,763,434 ordinary shares

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(iv) Shared power to dispose or to direct the disposition of

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-0-

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ITEM 5. Ownership of Five Percent or Less of a Class

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Not applicable.

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ITEM 6. Ownership of More than Five Percent on Behalf of Another Person

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Not applicable.

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ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reportedon By the Parent Holding Company or Control Person

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Not applicable.

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ITEM 8. Identification and Classification of Members of the Group

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Not applicable.

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ITEM 9. Notice of Dissolution of Group

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Not applicable.

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ITEM 10. Certifications

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Not applicable.

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SIGNATURE

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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.

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Date: February 9, 2010 /s/ Gil Shwed —————————————— Gil Shwed

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