Eduard Grabscheid - Mar 1, 2024 Form 4 Insider Report for JFrog Ltd (FROG)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Shanti Ariker, Attorney-in-Fact
Stock symbol
FROG
Transactions as of
Mar 1, 2024
Transactions value $
-$26,553
Form type
4
Date filed
3/5/2024, 03:47 PM
Previous filing
Jan 3, 2024
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Options Exercise +1.44K +2.45% 60.2K Mar 1, 2024 Direct F1
transaction FROG Ordinary Shares Sale -$26.6K -605 -0.7% $43.89 85.6K Mar 4, 2024 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FROG Restricted Stock Units Options Exercise $0 -187 -100% $0.00* 0 Mar 1, 2024 Ordinary Shares 187 Direct F1, F4, F5
transaction FROG Restricted Stock Units Options Exercise $0 -1.25K -100% $0.00* 0 Mar 1, 2024 Ordinary Shares 1.25K Direct F1, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit, or RSU, represents a contingent right to receive one ordinary share of the Issuer.
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.
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.
F4 The remaining RSUs vest in six equal quarterly installments beginning on June 1, 2024.
F5 Following the reported transaction, the remaining RSUs were moved to Table I. See footnote (3) above.
F6 The remaining RSUs vest in nine equal installments beginning on June 1, 2024.