Charles M. Hazard Jr - 28 Jun 2022 Form 4 Insider Report for MongoDB, Inc. (MDB)

Role
Director
Signature
/s/ Paul Johnston, Attorney-in-Fact
Issuer symbol
MDB
Transactions as of
28 Jun 2022
Net transactions value
$0
Form type
4
Filing time
30 Jun 2022, 17:25:16 UTC
Previous filing
04 May 2022
Next filing
29 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDB Class A Common Stock Award $0 +787 +1.6% $0.000000 51,470 28 Jun 2022 Direct F1
transaction MDB Class A Common Stock Award $0 +192 +0.37% $0.000000 51,662 28 Jun 2022 Direct F2
holding MDB Class A Common Stock 15,995 28 Jun 2022 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 2023 annual stockholders' meeting, subject to the Reporting Person providing continuous service to the Issuer through such date.
F2 Represents fully vested shares issued to the Reporting Person who elected to receive stock in lieu of cash for services as a director under the Issuer's non-employee director compensation policy. The number of shares was calculated based on the 30-day volume-weighted average share price on the date of issuance and the amount of fees owed to the Reporting Person.
F3 These shares are held by The Narragansett Bay Childrens Trust (the "Trust"). The reporting person is the Trustee of the Trust and, as such, has the power to vote and dispose of the shares held by the Trust. The reporting person disclaims beneficial ownership of the shares owned by the Trust except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.