SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 CHECK POINT SOFTWARE TECHNOLOGIES LTD. -------------------------------------------------------------------------------- (Name of Issuer) ORDINARY SHARES, NIS .01 NOMINAL VALUE -------------------------------------------------------------------------------- (Title of Class of Securities) M22465 10 4 -------------------------------------------------------------------------------- (CUSIP Number) DECEMBER 31, 2003 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the following box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |_| Rule 13d-1(c) |X| Rule 13d-1(d) 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. Page 1 of 5 pages 13G CUSIP NO. M22465 10 4 PAGE 2 OF 5 PAGES ________________________________________________________________________________ 1. NAME OF REPORTING PERSON Shlomo Kramer I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION Israel ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES 13,746,900 Ordinary Shares _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 0 _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING 13,746,900 Ordinary Shares _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH 0 ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 13,746,900 Ordinary Shares ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.5% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! 2 ITEM 1(a). NAME OF ISSUER: Check Point Software Technologies Ltd. (the "Issuer") ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 3A Jabotinsky Street, 24th Floor Ramat-Gan 52520, Israel ITEM 2(a). NAME OF PERSON FILING: Shlomo Kramer (the "Reporting Person") ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE: 3A Jabotinsky Street, 24th Floor Ramat-Gan 52520, Israel ITEM 2(c). CITIZENSHIP: Israel ITEM 2(d). TITLE OF CLASS OF SECURITIES: Ordinary Shares, NIS .01 nominal value ITEM 2(e). CUSIP NUMBER: M22465 10 4 ITEM 3. Not applicable ITEM 4. OWNERSHIP: Set forth below is information with respect to the Reporting Person's ownership of Ordinary Shares as of December 31, 2002: (a) AMOUNT BENEFICIALLY OWNED: 13,746,900 Ordinary Shares (b) PERCENT OF CLASS: 5.5% 3 (c) NUMBER OF SHARES AS TO WHICH THE REPORTING PERSON HAS: (i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE: ---------------------------------------- 13,746,900 Ordinary (ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE: ------------------------------------------ -0- (iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF ----------------------------------------------------- 13,746,900 Ordinary Shares (iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF ------------------------------------------------------- -0- ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: Not applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Not applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON: Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not applicable. ITEM 10. CERTIFICATIONS: Not applicable. 4 SIGNATURE After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: February 12, 2004 /s/ SHLOMO KRAMER ------------------------ Shlomo Kramer 5