Hope F. Cochran - Jun 2, 2023 Form 4/A - Amendment Insider Report for MongoDB, Inc. (MDB)

Role
Director
Signature
/s/ Gahee Lee, Attorney-in-Fact
Stock symbol
MDB
Transactions as of
Jun 2, 2023
Transactions value $
-$762,240
Form type
4/A - Amendment
Date filed
6/20/2023, 04:27 PM
Date Of Original Report
Jun 6, 2023
Previous filing
May 22, 2023
Next filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDB Class A Common Stock Sale -$762K -2K -21.19% $381.12 7.44K Jun 2, 2023 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
holding MDB Stock Option (Right to Buy) 41.1K Jun 2, 2023 Class A Common Stock 0 $7.58 Direct F1
* 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 On June 2, 2023, the Reporting Person sold 2,000 shares of the Issuer's common stock (the "Sold Shares") pursuant to a Rule 10b5-1 trading plan and correctly reported the sale on a Form 4 filed on June 6, 2023. However, the Reporting Person incorrectly reported on the same Form 4 that the Sold Shares were acquired on June 2, 2023, pursuant to the exercise of stock options. That exercise did not occur. Instead, the Sold Shares were shares that the Reporting Person already owned. As of the date of this report, there remain 41,124 shares available for exercise pursuant to the stock options and the Reporting Person beneficially owns 7,437 shares of the Issuer's common stock.