Dev Ittycheria - 12 Dec 2022 Form 4 Insider Report for MongoDB, Inc. (MDB)

Reporting relationship: President & CEO, Director
Issuer ticker: MDB
Reported as of: 12 Dec 2022
Net transaction value: -$13,545,000
SEC form: 4
Accepted by SEC: 14 Dec 2022, 15:12:20 UTC
Prior SEC filing: 04 Oct 2022
Next SEC filing: 05 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Paul Johnston, Attorney-in-Fact

Key filing fact

Dev Ittycheria filed Form 4 for MongoDB, Inc. (MDB) on 14 Dec 2022.

Key facts

This page summarizes Dev Ittycheria's Form 4 filing for MongoDB, Inc. (MDB).
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 14 Dec 2022, 15:12.

Change

Previous filing in this sequence was filed on 04 Oct 2022.
Current net transaction value: -$13,545,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MDB transaction

Class A Common Stock

Options Exercise

Transaction value: $75,725
Shares: +11,650
Change %: +6%
Price: $6.50
Shares after: 206,296
Date: 12 Dec 2022
Ownership: Direct
Footnotes: F1

MDB transaction

Class A Common Stock

Options Exercise

Transaction value: $379,275
Shares: +58,350
Change %: +28%
Price: $6.50
Shares after: 264,646
Date: 12 Dec 2022
Ownership: Direct
Footnotes: F1

MDB transaction

Class A Common Stock

Sale

Transaction value: $14,000,000
Shares: -70,000
Change %: -26%
Price: $200.00
Shares after: 194,646
Date: 12 Dec 2022
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MDB transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -11,650
Change %: -65%
Price: $0.000000
Shares after: 6,386
Date: 12 Dec 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 11,650
Exercise price: $6.50
Footnotes: F1, F3

MDB transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -58,350
Change %: -7.8%
Price: $0.000000
Shares after: 691,650
Date: 12 Dec 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 58,350
Exercise price: $6.50
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

Footnote F2

The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $200.00 to $200.17, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company 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.

Footnote F3

11,650 shares are exercisable and fully vested. 6,386 shares underlying this option are currently unexercisable and will become exercisable on January 1, 2023, subject to the Reporting Person providing continuous service to the Issuer on such date. Reflects correct option exercise terms and further corrects footnote 4 to the Form 4 filed by the Reporting Person on October 4, 2022. That Form 4 incorrectly reported the 18,036 remaining employee stock options as being immediately exercisable and fully vested. Except as noted in this footnote, all other information as disclosed in the Reporting Person's Form 4 filed on October 4, 2022 was accurately reported.

Footnote F4

Immediately exercisable and fully vested.