Dwight A. Merriman - Jan 22, 2024 Form 4 Insider Report for MongoDB, Inc. (MDB)

Role
Director
Signature
/s/ Paul Johnston, Attorney-in-Fact
Stock symbol
MDB
Transactions as of
Jan 22, 2024
Transactions value $
-$420,000
Form type
4
Date filed
1/24/2024, 04:22 PM
Previous filing
Jan 4, 2024
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDB Class A Common Stock Sale -$420K -1K -0.19% $420.00 529K Jan 22, 2024 By Trust F1, F2
holding MDB Class A Common Stock 1.17M Jan 22, 2024 Direct
holding MDB Class A Common Stock 95K Jan 22, 2024 Dwight A. Merriman Charitable Foundation F3
* 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 transaction was pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children.
F3 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.