Dev Ittycheria - Oct 1, 2021 Form 4 Insider Report for MongoDB, Inc. (MDB)

Role
President & CEO, Director
Signature
/s/ Sophie Hubscher, Attorney-in-Fact
Stock symbol
MDB
Transactions as of
Oct 1, 2021
Transactions value $
-$5,802,439
Form type
4
Date filed
10/5/2021, 05:45 PM
Previous filing
Sep 9, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDB Class A Common Stock Award $0 +439 +0.2% $0.00 221K Oct 1, 2021 Direct F1
transaction MDB Class A Common Stock Sale -$906 -2 0% $453.19 221K Oct 4, 2021 Direct F2
transaction MDB Class A Common Stock Sale -$140K -306 -0.14% $456.08 220K Oct 4, 2021 Direct F2, F3
transaction MDB Class A Common Stock Sale -$5.66M -12.3K -5.58% $460.66 208K Oct 4, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A common stock received upon the vesting of a portion of the performance-based restricted stock units ("RSUs") awarded to the Reporting Person on April 7, 2021 under the Issuer's annual bonus plan and 2016 Equity Incentive Plan, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the RSUs, such shares were not previously reportable under Section 16. The remainder of the shares underlying the RSUs will be eligible for vesting on April 1, 2022. Each RSU represents the contingent right to receive one share of common stock of the Issuer.
F2 Represents the sale of shares of Class A common stock to satisfy the Reporting Person's tax withholding obligations in connection with (i) the non-reportable service-based vesting and settlement of restricted stock units and (ii) the performance-based vesting and settlement of the above-listed RSUs.
F3 The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $455.93 to $456.12, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.