Eduard Grabscheid - 01 Mar 2024 Form 4 Insider Report for JFrog Ltd (FROG)

Reporting relationship: CHIEF FINANCIAL OFFICER
Issuer ticker: FROG
Reported as of: 01 Mar 2024
Net transaction value: -$26,553
SEC form: 4
Accepted by SEC: 05 Mar 2024, 15:47:50 UTC
Prior SEC filing: 03 Jan 2024
Next SEC filing: 22 May 2024
Source filing: View source filing
Reporting owner signature: /s/ Shanti Ariker, Attorney-in-Fact

Key filing fact

Eduard Grabscheid filed Form 4 for JFrog Ltd (FROG) on 05 Mar 2024.

Key facts

This page summarizes Eduard Grabscheid's Form 4 filing for JFrog Ltd (FROG).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 05 Mar 2024, 15:47.

Change

Previous filing in this sequence was filed on 03 Jan 2024.
Current net transaction value: -$26,553.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FROG transaction

Ordinary Shares

Options Exercise

Transaction value
Shares: +1,437
Change %: +2.4%
Price
Shares after: 60,155
Date: 01 Mar 2024
Ownership: Direct
Footnotes: F1

FROG transaction

Ordinary Shares

Sale

Transaction value: $26,553
Shares: -605
Change %: -0.7%
Price: $43.89
Shares after: 85,565
Date: 04 Mar 2024
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FROG transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -187
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Mar 2024
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 187
Exercise price
Footnotes: F1, F4, F5

FROG transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,250
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Mar 2024
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 1,250
Exercise price
Footnotes: F1, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Each restricted stock unit, or RSU, represents a contingent right to receive one ordinary share of the Issuer.

Footnote F2

Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of restricted share units, or RSUS, and does not represent a discretionary sale by the Reporting Person.

Footnote F3

The Reporting Person previously reported certain RSUs in Table II of Form 3. The total reported in Column 5 of this Form 4 includes 1,764 ordinary shares, 57,786 RSUs previously reported in Table I and the 26,015 RSUs previously reported in Table II. The RSUs vest as follows: (i) 57,786 RSUs pursuant to which one-fourth of the RSUs vest on March 1, 2025 and the remaining RSUs vest in 12 equal quarterly installments beginning on June 1, 2025; (ii) 1,125 RSUs which vest in six equal quarterly installments beginning on June 1, 2024; (iii) 11,250 RSUs which vest in nine equal installments beginning on June 1, 2024; and (iv) 13,640 RSUs pursuant to which one-fourth of the RSUs vest on June 1, 2024 and the remaining RSUs vest in 12 equal quarterly installments beginning on September 1, 2024.

Footnote F4

The remaining RSUs vest in six equal quarterly installments beginning on June 1, 2024.

Footnote F5

Following the reported transaction, the remaining RSUs were moved to Table I. See footnote (3) above.

Footnote F6

The remaining RSUs vest in nine equal installments beginning on June 1, 2024.