Dwight A. Merriman - Jun 25, 2024 Form 4 Insider Report for MongoDB, Inc. (MDB)

Role
Director
Signature
/s/ Paul Johnston, Attorney-in-Fact
Stock symbol
MDB
Transactions as of
Jun 25, 2024
Transactions value $
-$380,333
Form type
4
Date filed
6/27/2024, 05:10 PM
Previous filing
Jun 6, 2024
Next filing
Jul 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction MDB Class A Common Stock -Sell -$135,333 -598 -0.05% $226.31 1,146,186 Jun 25, 2024 Direct F1
transaction MDB Class A Common Stock +Grant/Award $0 +817 +0.07% $0.00 1,147,003 Jun 25, 2024 Direct F2
transaction MDB Class A Common Stock -Sell -$245,000 -1,000 -0.09% $245.00 1,146,003 Jun 27, 2024 Direct F1
holding MDB Class A Common Stock 522,896 Jun 25, 2024 By Trust F3
holding MDB Class A Common Stock 95,000 Jun 25, 2024 Dwight A. Merriman Charitable Foundation F4

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 Represents restricted stock units issued to the Reporting Person pursuant to the annual equity grant under the Issuer's non-employee director compensation policy. Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer and has no expiration date. The shares underlying the restricted stock unit award shall vest in full on the earlier of (i) the first anniversary of the grant date and (ii) the date of the Issuer's 2025 annual stockholders' meeting, subject to the Reporting Person providing continuous service to the Issuer through such date.
F3 These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children.
F4 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 the Issuer's ClassA Common Stock held by the Dwight A. Merriman Charitable Foundation, but has no pecuniary interest in these shares.