Yossi Sela - Feb 22, 2023 Form 4 Insider Report for JFrog Ltd (FROG)

Role
Director
Signature
/s/ Yossi Sela
Stock symbol
FROG
Transactions as of
Feb 22, 2023
Transactions value $
-$346,460
Form type
4
Date filed
2/24/2023, 05:10 PM
Previous filing
Feb 17, 2023
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale -$346K -15.2K -17.67% $22.87 70.6K Feb 22, 2023 See footnote F1, F2
holding FROG Ordinary Shares 6.99M Feb 22, 2023 See footnote F3
holding FROG Ordinary Shares 93K Feb 22, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.85 to $22.87, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F2 The reported securities are shares held of record by Gemini Partners Investors V L.P. (Gemini Partners). Gemini Israel Funds IV Ltd. (Gemini Israel) is the general partner of Gemini Partners. The reporting person is a managing partner of Gemini Israel and disclaims beneficial ownership of the shares held of record by Gemini Partners except to the extent of his pecuniary interest therein.
F3 The reported securities are shares held of record by Gemini V. Gemini Capital Associates V LP (Gemini Associates LP) is the general partner of Gemini V and Gemini Capital Associates V GP, Ltd. (Gemini Associates GP) is the general partner of Gemini Associates LP. The reporting person is a managing partner of Gemini Associates GP and disclaims beneficial ownership of the shares held of record by Gemini V except to the extent of his pecuniary interest therein.