Yakov (Jacob) Shulman - Dec 5, 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
Dec 5, 2022
Transactions value $
-$84,924
Form type
4
Date filed
12/7/2022, 05:54 PM
Previous filing
Dec 5, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale -$72.4K -3.34K -1.16% $21.64 286K Dec 5, 2022 Direct F1, F2
transaction FROG Ordinary Shares Sale -$62.6K -2.89K -1.01% $21.66 283K Dec 5, 2022 Direct F1, F3
transaction FROG Ordinary Shares Options Exercise $50K +21K +7.43% $2.38* 304K Dec 6, 2022 Direct

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 -21K -5.2% $0.00 383K Dec 6, 2022 Ordinary Shares 21K $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 $21.28 to $22.43. 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 $21.3179 to $22.43. 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.