Yoav Landman - Feb 2, 2024 Form 4 Insider Report for JFrog Ltd (FROG)

Signature
/s/ Shanti Ariker, as power of attorney
Stock symbol
FROG
Transactions as of
Feb 2, 2024
Transactions value $
-$992,455
Form type
4
Date filed
2/6/2024, 02:09 PM
Previous filing
Jan 12, 2024
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale -$98K -2.8K -0.04% $35.00 6.99M Feb 2, 2024 Direct F1
transaction FROG Ordinary Shares Sale -$344K -9.82K -0.14% $35.00 6.98M Feb 2, 2024 Direct F1, F2
transaction FROG Ordinary Shares Sale -$8K -224 0% $35.72 6.98M Feb 5, 2024 Direct F1, F3
transaction FROG Ordinary Shares Sale -$434 -12 0% $36.16 6.98M Feb 5, 2024 Direct F1
transaction FROG Ordinary Shares Sale -$519K -14.5K -0.21% $35.71 6.96M Feb 5, 2024 Direct F1, F4
transaction FROG Ordinary Shares Sale -$22.9K -634 -0.01% $36.04 6.96M Feb 5, 2024 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 August 11, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $35.00 to $35.01. 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 $35.13 to $36.02. 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 This transaction was executed in multiple trades at prices ranging from $35.01 to $36.00. 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.
F5 This transaction was executed in multiple trades at prices ranging from $36.01 to $36.15. 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.