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 *
AKKARAJU SRINIVAS
  2. Issuer Name and Ticker or Trading Symbol
Versartis, Inc. [VSAR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
2800 SAND HILL ROAD, SUITE 150, 
3. Date of Earliest Transaction (Month/Day/Year)
03/26/2014
(Street)

MENLO PARK, CA 94025
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   23,403 A (1) 23,403 D (3)  
Common Stock 03/26/2014   C   775,315 A (1) 798,718 D (3)  
Common Stock 03/26/2014   C   802,596 A (1) 1,601,314 D (3)  
Common Stock 03/26/2014   C   485,664 A (1) 2,086,978 D (3)  
Common Stock 03/26/2014   P   60,000 A $ 21 2,146,978 D (3)  

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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 B Convertible Preferred Stock (1) 03/26/2014   C     23,403   (2)   (2) Common Stock 23,403 $ 0 0 D (3)  
Series D-1 Convertible Preferred Stock (1) 03/26/2014   C     775,315   (2)   (2) Common Stock 775,315 $ 0 0 D (3)  
Series D-2 Convertible Preferred Stock (1) 03/26/2014   C     802,596   (2)   (2) Common Stock 802,596 $ 0 0 D (3)  
Series E Convertible Preferred Stock (1) 03/26/2014   C     485,664   (2)   (2) Common Stock 485,664 $ 0 0 D (3)  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
AKKARAJU SRINIVAS
2800 SAND HILL ROAD, SUITE 150
MENLO PARK, CA 94025
  X   X    
Sofinnova Venture Partners VIII, L.P.
2800 SAND HILL ROAD, SUITE 150
MENLO PARK, CA 94025
    X    
Sofinnova Management VIII, L.L.C.
2800 SAND HILL ROAD, SUITE 150
MENLO PARK, CA 94025
    X    
HEALY JAMES
C/O SOFINNOVA VENTURES
2800 SAND HILL ROAD, SUITE 150
MENLO PARK, CA 94025
    X    
Mehra Anand
C/O SOFINNOVA VENTURES
2800 SAND HILL ROAD, SUITE 150
MENLO PARK, CA 94025
    X    
POWELL MICHAEL
C/O SOFINNOVA VENTURES
2800 SAND HILL ROAD, SUITE 150
MENLO PARK, CA 94025
    X    

Signatures

 /s/ Nathalie Auber, attorney-in-fact for Sofinnova Venture Partners VIII, L.P.   03/28/2014
**Signature of Reporting Person Date

 /s/ Nathalie Auber, attorney-in-fact for Sofinnova Management VIII, L.L.C.   03/28/2014
**Signature of Reporting Person Date

 /s/ Nathalie Auber, attorney-in-fact for Srinivas Akkaraju   03/28/2014
**Signature of Reporting Person Date

 /s/ Nathalie Auber, attorney-in-fact for James I. Healy   03/28/2014
**Signature of Reporting Person Date

 /s/ Nathalie Auber, attorney-in-fact for Anand Mehra   03/28/2014
**Signature of Reporting Person Date

 /s/ Nathalie Auber, attorney-in-fact for Michael F. Powell   03/28/2014
**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 B Convertible Preferred Stock, Series D-1 Convertible Preferred Stock, Series D-2 Convertible Preferred Stock and Series E Convertible Preferred Stock automatically converted into Common Stock on a 1-for-11.5 basis.
(2) The securities do not have an expiration date. Each share of Series B, Series D-1, Series D-2 and Series E 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 such conversion into the Issuer's Common Stock, the Series B, Series D-1, Series D-2 and Series E Convertible Preferred Stock was convertible at any time at the option of the holder.
(3) The securities are owned directly by Sofinnova Venture Partners VIII, L.P. ("SVP VIII"). Sofinnova Management VIII, L.L.C. ("SM VIII"), the general partner of SVP VIII, and Srinivas Akkaraju, a director of the Issuer, James I. Healy, Anand Mehra, and Michael Powell, the managing members of SM VIII, may be deemed to have shared voting and dispositive power over the shares owned by SVP VIII. Such persons and entities disclaim beneficial ownership over the shares owned by SVP VIII except to the extent of any pecuniary interest therein.

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