Dev Ittycheria - 07 Nov 2023 Form 4 Insider Report for MongoDB, Inc. (MDB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
09 Nov 2023, 16:33:52 UTC
Prior SEC filing
03 Nov 2023
Next SEC filing
05 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Paul Johnston, Attorney-in-Fact

Key filing fact

Dev Ittycheria filed Form 4 for MongoDB, Inc. (MDB) on 09 Nov 2023.

Key facts

  • This page summarizes Dev Ittycheria's Form 4 filing for MongoDB, Inc. (MDB).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 09 Nov 2023, 16:33.

Change

  • Previous filing in this sequence was filed on 03 Nov 2023.
  • Current net transaction value: -$37,034,250.

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
$653,250
Shares
+100,500
Change %
+47%
Price
$6.50*
Shares after
314,677
Date
07 Nov 2023
Ownership
Direct
Footnotes
F1
MDB transaction

Class A Common Stock

Sale

Transaction value
$37,687,500
Shares
-100,500
Change %
-32%
Price
$375.00
Shares after
214,177
Date
07 Nov 2023
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
-100,500
Change %
-37%
Price
$0.000000
Shares after
170,036
Date
07 Nov 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
100,500
Exercise price
$6.50
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 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 $375.00 to $375.29, 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.

Footnote F3

Immediately exercisable and fully vested.

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