Yoav Landman - 02 Feb 2024 Form 4 Insider Report for JFrog Ltd (FROG)

Signature
/s/ Shanti Ariker, as power of attorney
Issuer symbol
FROG
Transactions as of
02 Feb 2024
Net transactions value
-$992,455
Form type
4
Filing time
06 Feb 2024, 14:09:12 UTC
Previous filing
12 Jan 2024
Next filing
16 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale $98,000 -2,800 -0.04% $35.00 6,986,607 02 Feb 2024 Direct F1
transaction FROG Ordinary Shares Sale $343,806 -9,823 -0.14% $35.00 6,976,784 02 Feb 2024 Direct F1, F2
transaction FROG Ordinary Shares Sale $8,002 -224 -0% $35.72 6,976,560 05 Feb 2024 Direct F1, F3
transaction FROG Ordinary Shares Sale $434 -12 -0% $36.16 6,976,548 05 Feb 2024 Direct F1
transaction FROG Ordinary Shares Sale $519,361 -14,543 -0.21% $35.71 6,962,005 05 Feb 2024 Direct F1, F4
transaction FROG Ordinary Shares Sale $22,852 -634 -0.01% $36.04 6,961,371 05 Feb 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.