Frederic Simon - 23 Apr 2024 Form 4 Insider Report for JFrog Ltd (FROG)

Role
Director
Signature
/s/ Santi Ariker, Attorney-in-Fact
Issuer symbol
FROG
Transactions as of
23 Apr 2024
Net transactions value
-$1,363,896
Form type
4
Filing time
24 Apr 2024, 16:03:35 UTC
Previous filing
20 Mar 2024
Next filing
22 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Sale $550,498 -14,190 -0.3% $38.79 4,675,242 23 Apr 2024 Direct F1, F2
transaction FROG Ordinary Shares Sale $423,655 -10,810 -0.23% $39.19 4,664,432 23 Apr 2024 Direct F1, F3
transaction FROG Ordinary Shares Sale $232,993 -6,002 -0.13% $38.82 4,658,430 23 Apr 2024 Direct F1, F4
transaction FROG Ordinary Shares Sale $156,750 -3,998 -0.09% $39.21 4,654,432 23 Apr 2024 Direct F1, F5
* 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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $38.11 to $39.11. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F3 This transaction was executed in multiple trades at prices ranging from $39.11 to $39.30. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F4 This transaction was executed in multiple trades at prices ranging from $38.13 to $39.13. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F5 This transaction was executed in multiple trades at prices ranging from $39.13 to $39.28. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.