Ben Haim Shlomi - Nov 15, 2021 Form 4 Insider Report for JFrog Ltd (FROG)

Role
Chief Executive Officer, Director
Signature
/s/ Eyal Ben David, by power of attorney
Stock symbol
FROG
Transactions as of
Nov 15, 2021
Transactions value $
-$12,659,919
Form type
4
Date filed
11/17/2021, 07:55 PM
Previous filing
May 17, 2021
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale -$6.28M -174K -3.03% $36.17 5.56M Nov 15, 2021 Direct F1, F2, F3
transaction FROG Ordinary Shares Sale -$46.7K -1.27K -0.02% $36.93 5.56M Nov 15, 2021 Direct F1, F2
transaction FROG Ordinary Shares Sale -$6.12M -169K -3.04% $36.15 5.39M Nov 16, 2021 Direct F1, F2, F4
transaction FROG Ordinary Shares Sale -$213K -5.8K -0.11% $36.66 5.39M Nov 16, 2021 Direct F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The primary reason for the stock sales is to cover tax withholding obligations in connection with the settlement of shares on November 14, 2021, due to the vesting of 529,195 restricted stock units on September 15, 2021.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
F3 This transaction was executed in multiple trades at prices ranging from $35.87 to $36.68. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F4 This transaction was executed in multiple trades at prices ranging from $35.57 to $36.565. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F5 This transaction was executed in multiple trades at prices ranging from $36.57 to $36.69. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.