Yakov (Jacob) Shulman - Sep 5, 2023 Form 4 Insider Report for JFrog Ltd (FROG)

Role
Chief Financial Officer
Signature
/s/ Eyal Ben David, as power of attorney
Stock symbol
FROG
Transactions as of
Sep 5, 2023
Transactions value $
-$319,238
Form type
4
Date filed
9/7/2023, 04:13 PM
Previous filing
Aug 8, 2023
Next filing
Oct 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale -$112K -3.89K -0.75% $28.90 514K Sep 5, 2023 Direct F1, F2
transaction FROG Ordinary Shares Sale -$207K -7.04K -1.37% $29.39 507K Sep 6, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs) and does not represent a discretionary sale by the Reporting Person.
F2 Includes 8 shares acquired under the Company's 2020 Employee Share Purchase Plan (the "ESPP Plan") on August 31, 2023.
F3 The sales reported in this transaction were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2022.
F4 This transaction was executed in multiple trades at prices ranging from $29.15 to $29.86. 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.