SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* MARGALIT EREL N (Last) (First) (Middle) C/O JERUSALEM VENTURE PARTNERS HEBRON ROAD 24 (Street) JERUSALEM L3 93542 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol QLIK TECHNOLOGIES INC [ QLIK ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 11/15/2011
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

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	11/15/2011		S		460,408	D	$29.88	488,582	I	See Footnote(1)
Common Stock	11/15/2011		S		18,731	D	$29.88	19,876	I	See Footnote(2)
Common Stock	11/15/2011		S		1,729	D	$29.88	1,838	I	See Footnote(3)
Common Stock	11/15/2011		S		11,078	D	$29.88	11,754	I	See Footnote(4)
Common Stock	11/15/2011		S		4,124	D	$29.88	4,377	I	See Footnote(5)
Common Stock	11/15/2011		S		3,930	D	$29.88	4,170	I	See Footnote(6)

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 Securities Underlying Derivative Security (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: 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

Explanation of Responses:

1. The reportable securities are owned directly by Jerusalem Venture Partners IV, L.P. ("JVP IV"). Erel Margalit (the "Officer") is the officer of JVP Corp. IV ("JVP Corp"). JVP Corp is the general partner of Jerusalem Partners IV, L.P. ("JP IV"), which is the general partner of JVP IV. The Officer, JVP Corp and JP IV may be deemed to share voting and dispositive power over the shares held by JVP IV and disclaim beneficial ownership of shares held by JVP IV except to the extent of any pecuniary interest therein.

2. The reportable securities are owned directly by JVP IV Annex Fund, L.P. ("JVP IV AF"). The Officer is the officer of JVP Corp. JVP Corp is the general partner of JP Media V, L.P. ("JPM V"), which is the general partner of JVP IV AF. The Officer, JVP Corp and JPM V may be deemed to share voting and dispositive power over the shares held by JVP IV AF and disclaim beneficial ownership of shares held by JVP IV AF except to the extent of any pecuniary interest therein.

3. The reportable securities are owned directly by JVP IV Annex Entrepreneur Fund, L.P. ("JVP IV AEF"). The Officer is the officer of JVP Corp. JVP Corp is the general partner of JPM V, which is the general partner of JVP IV AEF. The Officer, JVP Corp and JPM V may be deemed to share voting and dispositive power over the shares held by JVP IV AEF and disclaim beneficial ownership of shares held by JVP IV AEF except to the extent of any pecuniary interest therein.

4. The reportable securities are owned directly by Jerusalem Venture Partners IV (Israel), L.P. ("JVP IV I"). The Officer is the officer of JVP Corp. JVP Corp is the general partner of Jerusalem Partners IV - Venture Capital, L.P. ("JP IV-VC"), which is the general partner of JVP IV I. The Officer, JVP Corp and JP IV-VC may be deemed to share voting and dispositive power over the shares held by JVP IV I and disclaim beneficial ownership of shares held by JVP IV I except to the extent of any pecuniary interest therein.

5. The reportable securities are owned directly by Jerusalem Venture Partners Entrepreneurs Fund IV, L.P. ("JVPEF IV"). The Officer is the officer of JVP Corp. JVP Corp is the general partner of JP IV, which is the general partner of JVPEF IV. The Officer, JVP Corp and JP IV may be deemed to share voting and dispositive power over the shares held by JVPEF IV and disclaim beneficial ownership of shares held by JVPEF IV except to the extent of any pecuniary interest therein.

6. The reportable securities are owned directly by Jerusalem Venture Partners IV-A, L.P. ("JVP IV-A"). The Officer is the officer of JVP Corp. JVP Corp is the general partner of JP IV, which is the general partner of JVP IV-A. The Officer, JVP Corp and JP IV may be deemed to share voting and dispositive power over the shares held by JVP IV-A and disclaim beneficial ownership of shares held by JVP IV-A except to the extent of any pecuniary interest therein.

	/s/ Erel Margalit	11/15/2011
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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