Yoav Landman - Feb 15, 2024 Form 4 Insider Report for JFrog Ltd (FROG)

Signature
/s/ Shanti Ariker, as power of attorney
Stock symbol
FROG
Transactions as of
Feb 15, 2024
Transactions value $
-$5,200,374
Form type
4
Date filed
2/16/2024, 07:20 PM
Previous filing
Feb 6, 2024
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale -$180K -3.97K -0.06% $45.45 6.92M Feb 15, 2024 Direct F1, F2
transaction FROG Ordinary Shares Sale -$515K -11K -0.16% $46.64 6.91M Feb 15, 2024 Direct F1, F3
transaction FROG Ordinary Shares Sale -$1.88M -39.6K -0.57% $47.55 6.87M Feb 15, 2024 Direct F1, F4
transaction FROG Ordinary Shares Sale -$261K -5.4K -0.08% $48.34 6.86M Feb 15, 2024 Direct F1, F5
transaction FROG Ordinary Shares Sale -$140K -3.12K -0.05% $44.96 6.86M Feb 15, 2024 Direct F1, F6
transaction FROG Ordiinary Shares Sale -$173K -3.78K -0.06% $45.94 6.85M Feb 15, 2024 Direct F1, F7
transaction FROG Ordinary Shares Sale -$747K -15.9K -0.23% $47.08 6.84M Feb 15, 2024 Direct F1, F8
transaction FROG Ordinary Shares Sale -$1.24M -26K -0.38% $47.72 6.81M Feb 15, 2024 Direct F1, F9
transaction FROG Ordinary Shares Sale -$58.3K -1.2K -0.02% $48.58 6.81M Feb 15, 2024 Direct F1, F10
* 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 $45.00 to $45.98. 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 $46.00 to $47.00. 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.
F4 This transaction was executed in multiple trades at prices ranging from $47.01 to $48.01. 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.
F5 This transaction was executed in multiple trades at prices ranging from $48.05 to $48.66. 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 $44.43 to $45.43. 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.
F7 This transaction was executed in multiple trades at prices ranging from $45.45 to $46.45. 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.
F8 This transaction was executed in multiple trades at prices ranging from $46.46 to $47.46. 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.
F9 This transaction was executed in multiple trades at prices ranging from $47.47 to $48.47. 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.
F10 This transaction was executed in multiple trades at prices ranging from $48.48 to $48.70. 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.