Yakov (Jacob) Shulman - Aug 16, 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: Aug 16, 2022
Transactions value $: -$147,581
Form type: 4
Date filed: 8/17/2022, 08:31 PM
Previous filing: Jun 7, 2022
Next filing: Sep 8, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FROG	Ordinary Shares	Options Exercise	$15.5K	+6.5K	+2.14%	$2.38^*	310K	Aug 16, 2022	Direct
transaction	FROG	Ordinary Shares	Sale	-$163K	-6.5K	-2.1%	$25.08	303K	Aug 16, 2022	Direct	F1, F2

Showing 1 to 2 of 2 entries

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	-6.5K	-1.58%	$0.00	405K	Aug 16, 2022	Ordinary Shares	6.5K	$2.38	Direct	F3

* 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 $24.85 to $25.29. 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	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.