Yoav Landman - 12 Apr 2024 Form 4 Insider Report for JFrog Ltd (FROG)

Signature
/s/ Shanti Ariker, Attorney-in-Fact
Issuer symbol
FROG
Transactions as of
12 Apr 2024
Net transactions value
-$1,548,183
Form type
4
Filing time
16 Apr 2024, 14:32:28 UTC
Previous filing
11 Mar 2024
Next filing
13 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale $883,858 -22,876 -0.34% $38.64 6,748,495 12 Apr 2024 Direct F1, F2
transaction FROG Ordinary Shares Sale $83,689 -2,124 -0.03% $39.40 6,746,371 12 Apr 2024 Direct F1, F3
transaction FROG Ordinary Shares Sale $528,764 -13,685 -0.2% $38.64 6,732,686 12 Apr 2024 Direct F1, F4
transaction FROG Ordinary Shares Sale $51,873 -1,315 -0.02% $39.45 6,731,371 12 Apr 2024 Direct F1, F5
* 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 $38.25 to $39.25. 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 $39.26 to $39.91. 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 $38.25 to $39.25. 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 $39.26 to $39.91. 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.