Yoav Landman - 10 May 2024 Form 4 Insider Report for JFrog Ltd (FROG)

Signature
/s/ Shanti Ariker, Attorney-in-Fact
Issuer symbol
FROG
Transactions as of
10 May 2024
Net transactions value
-$502,375
Form type
4
Filing time
13 May 2024, 17:04:44 UTC
Previous filing
16 Apr 2024
Next filing
22 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale $3,506 -100 -0% $35.06 6,731,271 10 May 2024 Direct F1
transaction FROG Ordinary Shares Sale $423,254 -12,791 -0.19% $33.09 6,718,480 10 May 2024 Direct F1, F2
transaction FROG Ordinary Shares Sale $61,193 -1,794 -0.03% $34.11 6,716,686 10 May 2024 Direct F1, F3
transaction FROG Ordinary Shares Sale $14,421 -415 -0.01% $34.75 6,716,271 10 May 2024 Direct F1, F4
* 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 $32.65 to $33.65. 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 $33.67 to $34.66. 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.
F4 This transaction was executed in multiple trades at prices ranging from $34.71 to $34.80. 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.