Frederic Simon - Feb 20, 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 20, 2024
Transactions value $
-$1,483,825
Form type
4
Date filed
2/22/2024, 05:41 PM
Previous filing
Feb 16, 2024
Next filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale -$1.05M -24.8K -0.52% $42.39 4.73M Feb 20, 2024 Direct F1, F2
transaction FROG Ordinary Shares Sale -$7.03K -162 0% $43.40 4.73M Feb 20, 2024 Direct F1
transaction FROG Ordinary Shares Sale -$421K -9.94K -0.21% $42.39 4.72M Feb 20, 2024 Direct F1, F3
transaction FROG Ordinary Shares Sale -$2.82K -65 0% $43.40 4.72M Feb 20, 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 May 12, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $41.93 to $42.65. 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 $42.02 to $42.69. 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.