Tali Notman - Mar 12, 2025 Form 4 Insider Report for JFrog Ltd (FROG)

Role
CHIEF REVENUE OFFICER
Signature
/s/ Shanti Ariker, Pursuant to a Power of Attorney
Stock symbol
FROG
Transactions as of
Mar 12, 2025
Transactions value $
-$2,400,814
Form type
4
Date filed
3/14/2025, 04:20 PM
Previous filing
Mar 12, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FROG Ordinary Shares Options Exercise $464K +85.3K +11.62% $5.44 819K Mar 12, 2025 Direct
transaction FROG Ordinary Shares Sale -$2.8M -83.3K -10.16% $33.57 736K Mar 12, 2025 Direct F1, F2
transaction FROG Ordinary Shares Sale -$68.9K -2.01K -0.27% $34.30 734K Mar 12, 2025 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FROG Employee Share Option (right to buy) Options Exercise $0 -85.3K -100% $0.00 0 Mar 12, 2025 Ordinary Shares 85.3K $5.44 Direct F4
* 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 December 6, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $33.25 to $34.25. 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 $34.25 to $34.44. 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 One fifth of the ordinary shares subject to the option vested on November 27, 2019 and the remaining shares subject to the option vested in 16 equal quarterly installments thereafter.