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* VERTEX VENTURE HOLDINGS LTD (Last) (First) (Middle) 51 CUPPAGE ROAD #10-8 STARHUB CENTRE (Street) U0 229469 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol VERSANT CORP [ VSNT ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) X Other (specify below) * See remarks below
	3. Date of Earliest Transaction (Month/Day/Year) 02/06/2006
	4. If Amendment, Date of 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

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	02/06/2006		S		12,905	D	$6.0728	257,978(1)	I	See Footnote(2)
Common Stock	02/06/2006		S		3,347	D	$6.0728	67,075(1)	I	See Footnote(3)
Common Stock	02/06/2006		S		2,344	D	$6.0728	46,632(1)	I	See Footnote(4)
Common Stock								10,000(1)	I	See Footnote(5)
Common Stock								660(1)	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

1. Name and Address of Reporting Person* VERTEX VENTURE HOLDINGS LTD (Last) (First) (Middle) 51 CUPPAGE ROAD #10-8 STARHUB CENTRE (Street) U0 229469 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) * See remarks below

1. Name and Address of Reporting Person* VERTEX TECHNOLOGY FUND LTD (Last) (First) (Middle) 51 CUPPAGE ROAD #10-8 STARHUB CENTRE (Street) U0 229469 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) * See remarks below

1. Name and Address of Reporting Person* VERTEX INVESTMENT INTERNATIONAL III INC (Last) (First) (Middle) P.O. BOX 957 OFFSHORE INCORPORATIONS CENTRE (Street) ROAD TOWN, TORTOLA D8 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) * See remarks below

1. Name and Address of Reporting Person* VERTEX TECHNOLGY FUND II LTD (Last) (First) (Middle) 51 CUPPAGE ROAD #10-8 STARHUB CENTRE (Street) U0 229469 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) * See remarks below

1. Name and Address of Reporting Person* VERTEX MANAGEMENT II PTE LTD (Last) (First) (Middle) 51 CUPPAGE ROAD #10-8 STARHUB CENTRE (Street) U0 229469 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) * See remarks below

Explanation of Responses:

1. Reflects effects of 1-for-10 reverse stock split which occurred on August 22, 2005.

2. Reflects shares of Common Stock held by Vertex Technology Fund Ltd (VTF). Vertex Management (II) Pte Ltd (VM2) could be deemed to have power to vote and dispose of shares held of record by VTF pursuant to a management agreement between VM2 and VTF and related power of attorney. Vertex Venture Holdings Ltd (VVH), as the majority shareholder of VTF, may also be deemed to have power to vote and dispose of shares. VM2 and VVH disclaim beneficial ownership of these shares, except to the extent of any pecuniary interests, and this report is not deemed an admission that VVH or VM2 is beneficial owner of the shares for Section 16 or any other purpose.

3. Reflects shares of Common Stock held by Vertex Technology Fund II Ltd (VTF2). VM2 could be deemed to have power to vote and dispose of shares held of record by VTF2 pursuant to a management agreement between VM2 and VTF2 and related power of attorney. VVH, as the majority shareholder of VTF2, may also be deemed to have power to vote and dispose of these shares. VM2 and VVH disclaim beneficial ownership of these shares except to the extent of any pecuniary interests, and this report is not deemed an admission that VVH or VM2 is beneficial owner of shares for Section 16 or any other purpose.

4. Reflects shares held by Vertex Investment International (III) Inc. (VII3). VVH, as sole shareholder of VII3, may be deemed to have power to vote and dispose of these shares. VVH disclaims beneficial ownership of these shares except to the extent of any pecuniary interests, and this report shall not be deemed an admission that VVH is beneficial owner of shares for Section 16 or any other purpose.

5. Reflects shares held by Vertex Investment International (I) Inc. (VIII). VVH, as sole shareholder of VIII, may be deemed to have power to vote and dispose of these shares. VVH disclaims beneficial ownership of these shares, except to the extent of any pecuniary interests, and this report shall not be deemed an admission that VVH is beneficial owner of shares for Section 16 or any other purpose.

6. Reflects shares held by Vertex Management Pte Ltd (VM). VVH, as sole shareholder of Vickers Capital Limited, which is the sole shareholder of VM, may be deemed to have the power to vote and dispose of these shares. VVH disclaims beneficial ownership of these shares except to the extent of any pecuniary interests, and this report shall not be deemed an admission that VVH is beneficial owner of shares for Section 16 or any other purpose.

Remarks:

*The Reporting Persons may be deemed to be members of a group within the meaning of Rule 13d-5(b)(1) of the Securities Exchange Act of 1934. While the Reporting Persons do not concede that such a group has been formed, this filing is being made as if such a group exists to ensure compliance with the Exchnage Act.

	Vertex Venture Holdings Ltd. /s/ Tan Mui Hong, Director	02/07/2006
	** Signature of Reporting Person	Date
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