Yoav Landman - 09 Jan 2024 Form 4 Insider Report for JFrog Ltd (FROG)

Role
Chief Technology Officer, Director
Signature
/s/ Shanti Ariker, as power of attorney
Issuer symbol
FROG
Transactions as of
09 Jan 2024
Net transactions value
-$1,559,157
Form type
4
Filing time
12 Feb 2024, 15:58:29 UTC
Previous filing
02 Jan 2024
Next filing
12 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale $580,719 -14,900 -0.21% $38.97 6,946,471 09 Feb 2024 Direct F1, F2
transaction FROG Ordinary Shares Sale $3,942 -100 -0% $39.42 6,946,371 09 Feb 2024 Direct F1
transaction FROG Ordinary Shares Sale $970,557 -24,900 -0.36% $38.98 6,921,471 09 Feb 2024 Direct F1, F3
transaction FROG Ordinary Shares Sale $3,939 -100 -0% $39.39 6,921,371 09 Feb 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.