Tali Notman - 27 Jan 2025 Form 4 Insider Report for JFrog Ltd (FROG)

Signature
/s/ Shanti Ariker
Issuer symbol
FROG
Transactions as of
27 Jan 2025
Net transactions value
-$1,104,620
Form type
4
Filing time
29 Jan 2025, 16:15:19 UTC
Previous filing
24 Jan 2025
Next filing
13 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Options Exercise $378,000 +25,000 +4.3% $15.12 607,394 27 Jan 2025 Direct
transaction FROG Ordinary Shares Sale $875,000 -25,000 -4.1% $35.00 582,394 27 Jan 2025 Direct F1
transaction FROG Ordinary Shares Options Exercise $1,164,605 +50,635 +8.7% $23.00 633,029 27 Jan 2025 Direct
transaction FROG Ordinary Shares Sale $1,772,225 -50,635 -8% $35.00 582,394 27 Jan 2025 Direct F1

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 Employee Share Option (right to buy) Options Exercise $0 -25,000 -88% $0.000000 3,387 27 Jan 2025 Ordinary Shares 25,000 $15.12 Direct
transaction FROG Employee Share Option (right to buy) Options Exercise $0 -50,635 -63% $0.000000 29,201 27 Jan 2025 Ordinary Shares 50,635 $23.00 Direct F2
* 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 March 7, 2024.
F2 One fifth of the ordinary shares subject to the option vest on July 29, 2021 and the remaining shares subject to the option vest in 16 equal quarterly installments thereafter.