Yakov (jacob) Shulman - 16 Nov 2023 Form 4 Insider Report for JFrog Ltd (FROG)

Signature
/s/ Shanti Ariker, as power of attorney
Issuer symbol
FROG
Transactions as of
16 Nov 2023
Net transactions value
-$195,680
Form type
4
Filing time
17 Nov 2023, 18:30:42 UTC
Previous filing
18 Oct 2023
Next filing
06 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Options Exercise $19,040 +8,000 +1.6% $2.38 515,373 16 Nov 2023 Direct
transaction FROG Ordinary Shares Sale $214,720 -8,000 -1.6% $26.84 507,373 16 Nov 2023 Direct F1, F2

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 Employer Share Option (right to buy) Options Exercise $0 -8,000 -2.5% $0.000000 305,985 16 Nov 2023 Ordinary Shares 8,000 $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 on December 9, 2022.
F2 This transaction was executed in multiple trades at prices ranging from $26.65 to $27.21. 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 The shares underlying the options were fully vested on May 7, 2023.