Yoav Landman - Jan 9, 2024 Form 4 Insider Report for JFrog Ltd (FROG)

Role
Chief Technology Officer, Director
Signature
/s/ Shanti Ariker, as power of attorney
Stock symbol
FROG
Transactions as of
Jan 9, 2024
Transactions value $
-$1,559,157
Form type
4
Date filed
2/12/2024, 03:58 PM
Previous filing
Jan 2, 2024
Next filing
Jan 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale -$581K -14.9K -0.21% $38.97 6.95M Feb 9, 2024 Direct F1, F2
transaction FROG Ordinary Shares Sale -$3.94K -100 0% $39.42 6.95M Feb 9, 2024 Direct F1
transaction FROG Ordinary Shares Sale -$971K -24.9K -0.36% $38.98 6.92M Feb 9, 2024 Direct F1, F3
transaction FROG Ordinary Shares Sale -$3.94K -100 0% $39.39 6.92M Feb 9, 2024 Direct F1
* 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 $38.38 to $39.33. 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 $38.38 to $39.36. 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.