Dev Ittycheria - Apr 3, 2023 Form 4 Insider Report for MongoDB, Inc. (MDB)

Signature
/s/ Paul Johnston, Attorney-in-Fact
Stock symbol
MDB
Transactions as of
Apr 3, 2023
Transactions value $
-$10,946,414
Form type
4
Date filed
4/5/2023, 04:23 PM
Previous filing
Mar 28, 2023
Next filing
May 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDB Class A Common Stock Award $0 +6.35K +2.84% $0.00 230K Apr 3, 2023 Direct F1
transaction MDB Class A Common Stock Award $0 +1.41K +0.61% $0.00 232K Apr 3, 2023 Direct F2
transaction MDB Class A Common Stock Sale -$2.11M -9.23K -3.99% $228.34 222K Apr 3, 2023 Direct F3, F4
transaction MDB Class A Common Stock Sale -$4.82K -21 -0.01% $229.43 222K Apr 3, 2023 Direct F3, F5
transaction MDB Class A Common Stock Options Exercise $260K +40K +17.99% $6.50 262K Apr 3, 2023 Direct F6
transaction MDB Class A Common Stock Sale -$872K -3.87K -1.47% $225.29 258K Apr 3, 2023 Direct F6, F7
transaction MDB Class A Common Stock Sale -$2.41M -10.7K -4.13% $226.07 248K Apr 3, 2023 Direct F6, F8
transaction MDB Class A Common Stock Sale -$2.46M -10.8K -4.38% $226.86 237K Apr 3, 2023 Direct F6, F9
transaction MDB Class A Common Stock Sale -$1.07M -4.68K -1.97% $228.11 232K Apr 3, 2023 Direct F6, F10
transaction MDB Class A Common Stock Sale -$1.32M -5.78K -2.49% $229.05 226K Apr 3, 2023 Direct F6, F11
transaction MDB Class A Common Stock Sale -$394K -1.71K -0.76% $229.99 225K Apr 3, 2023 Direct F6, F12
transaction MDB Class A Common Stock Sale -$431K -1.86K -0.83% $231.04 223K Apr 3, 2023 Direct F6, F13
transaction MDB Class A Common Stock Sale -$135K -582 -0.26% $231.89 222K Apr 3, 2023 Direct F6, F14

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 MDB Employee Stock Option (Right to Buy) Options Exercise $0 -40K -6.8% $0.00 548K Apr 3, 2023 Class A Common Stock 40K $6.50 Direct F6, F15
* 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 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 March 11, 2022 under the Issuer's long-term incentive 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. Each RSU represents the contingent right to receive one share of common stock of the Issuer.
F2 Represents shares of Class A common stock received upon the vesting of a portion of the performance-based RSUs awarded to the Reporting Person on April 2, 2022 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. Each RSU represents the contingent right to receive one share of common stock of the Issuer.
F3 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.
F4 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $228.33 to $229.29, 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.
F5 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $229.42 to $229.44, 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.
F6 The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F7 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $224.90 to $225.49, 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.
F8 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $225.50 to $226.48, 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.
F9 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $226.50 to $227.48, 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.
F10 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $227.58 to $228.52, 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.
F11 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $228.59 to $229.57, 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.
F12 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $229.59 to $230.58, 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.
F13 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $230.60 to $231.49, 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.
F14 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $231.60 to $232.03, 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.
F15 Immediately exercisable and fully vested.