Yakov (Jacob) Shulman - Apr 18, 2022 Form 4 Insider Report for JFrog Ltd (FROG)

Role
Chief Financial Officer
Signature
/s/ Eyal Ben David, by power of attorney
Stock symbol
FROG
Transactions as of
Apr 18, 2022
Transactions value $
-$132,481
Form type
4
Date filed
4/20/2022, 01:42 PM
Previous filing
Mar 18, 2022
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Options Exercise $14.3K +6K +1.87% $2.38* 327K Apr 18, 2022 Direct
transaction FROG Ordinary Shares Sale -$143K -5.84K -1.79% $24.44 321K Apr 18, 2022 Direct F1, F2
transaction FROG Ordinary Shares Sale -$4.06K -161 -0.05% $25.19 321K Apr 18, 2022 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FROG Employee Share Option (right to buy) Options Exercise $0 -6K -1.42% $0.00 417K Apr 18, 2022 Ordinary Shares 6K $2.38 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 This transaction was executed in multiple trades at prices ranging from $23.95 to $24.85. 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.
F3 This transaction was executed in multiple trades at prices ranging from $25.18 to $25.20. 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 One-fifth of the shares subject to the option vested on May 7, 2019, and the remaining shares subject to the option vest in four equal annual installments thereafter.