Dwight A. Merriman - Jul 3, 2023 Form 4 Insider Report for MongoDB, Inc. (MDB)

Role
Director
Signature
/s/ Gahee Lee, Attorney-in-Fact
Stock symbol
MDB
Transactions as of
Jul 3, 2023
Transactions value $
-$2,035,458
Form type
4
Date filed
7/6/2023, 04:11 PM
Previous filing
Jun 29, 2023
Next filing
Jul 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDB Class A Common Stock Sale -$1.55M -3.8K -0.31% $407.06 1.21M Jul 3, 2023 Direct F1, F2
transaction MDB Class A Common Stock Sale -$81.6K -200 -0.02% $408.00 1.21M Jul 3, 2023 Direct F1, F3
transaction MDB Class A Common Stock Sale -$407K -1K -0.19% $407.03 539K Jul 3, 2023 By Trust F1, F4, F5
holding MDB Class A Common Stock 95K Jul 3, 2023 Dwight A. Merriman Charitable Foundation F6
* 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 The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $406.78 to $407.64, 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.
F3 The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $407.95 to $408.04, 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.
F4 The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $406.78 to $407.58, 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.
F5 These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children.
F6 The Dwight A. Merriman Charitable Foundation is a Delaware nonstock nonprofit corporation. The Reporting Person is deemed to have voting and investment power over the shares of MongoDB, Inc. Class A Common Stock held by the Dwight A. Merriman Charitable Foundation, but has no pecuniary interest in these shares.