Frederic Simon - Feb 15, 2024 Form 4 Insider Report for JFrog Ltd (FROG)

Role
Director
Signature
/s/ Shanti Ariker, as power of attorney
Stock symbol
FROG
Transactions as of
Feb 15, 2024
Transactions value $
-$7,091,189
Form type
4
Date filed
2/16/2024, 06:12 PM
Previous filing
Jan 24, 2024
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale -$329K -7.32K -0.15% $44.96 4.9M Feb 15, 2024 Direct F1, F2
transaction FROG Ordinary Shares Sale -$573K -12.5K -0.25% $45.92 4.89M Feb 15, 2024 Direct F1, F3
transaction FROG Ordinary Shares Sale -$1.87M -39.8K -0.81% $47.05 4.85M Feb 15, 2024 Direct F1, F4
transaction FROG Ordinary Shares Sale -$4.13M -86.6K -1.79% $47.71 4.76M Feb 15, 2024 Direct F1, F5
transaction FROG Ordinary Shares Sale -$183K -3.76K -0.08% $48.56 4.76M Feb 15, 2024 Direct F1, F6
* 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 May 12, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $44.41 to $45.40. 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 $45.42 to $46.41. 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 $46.44 to $47.44. 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 $47.45 to $48.45. 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.
F6 This transaction was executed in multiple trades at prices ranging from $48.46 to $48.80. 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.