Cedric Pech - 09 May 2023 Form 4 Insider Report for MongoDB, Inc. (MDB)

Signature
/s/ Paul Johnston, Attorney-in-Fact
Issuer symbol
MDB
Transactions as of
09 May 2023
Transactions value $
-$3,883,500
Form type
4
Filing time
11 May 2023, 16:32:01 UTC
Previous filing
05 Apr 2023
Next filing
06 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDB Class A Common Stock Sale -$3,883,500 -15,534 -29% $250 37,516 09 May 2023 Direct F1, F2
holding MDB Class A Common Stock 31,143 09 May 2023 By KW Investments SRL 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 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $250.00 to $250.17, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 KW Investments SRL is an Italian limited liability company owned by the Reporting Person and the Reporting Person's spouse.