Ben Haim Shlomi - 11 Feb 2025 Form 4 Insider Report for JFrog Ltd (FROG)

Signature
/s/ Shanti Ariker, Pursuant to a Power of Attorney
Issuer symbol
FROG
Transactions as of
11 Feb 2025
Net transactions value
$0
Form type
4
Filing time
13 Feb 2025, 18:32:18 UTC
Previous filing
11 Feb 2025
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Award $0 +157,274 +3.2% $0.000000 5,024,083 11 Feb 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are performance-based restricted share units (PSUs). Each PSU represents a contingent right to receive one ordinary share. On February 11, 2025, the Issuer's Board of Directors and the Compensation Committee of the Issuer's Board of Directors certified and approved that the PSUs became eligible to vest pursuant to the Reporting Person's continued service based on the Issuer's achievement of total shareholder return for 2024 greater than the median of the total shareholder return for the companies in the Issuer's 2024 compensation peer group. 25% of the PSUs will vest on March 1, 2025, after which the PSUs will continue to vest on a quarterly basis over the following 12 quarters, subject to the Reporting Person's continued service to the Issuer on each applicable vesting date.