Cedric Pech - 02 Oct 2023 Form 4 Insider Report for MongoDB, Inc. (MDB)

Signature
/s/ Paul Johnston, Attorney-in-Fact
Issuer symbol
MDB
Transactions as of
02 Oct 2023
Transactions value $
-$536,579
Form type
4
Filing time
04 Oct 2023, 16:39:06 UTC
Previous filing
29 Sep 2023
Next filing
06 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDB Class A Common Stock Sale -$122,918 -359 -1.06% $342.39 33,443 02 Oct 2023 Direct F1
transaction MDB Class A Common Stock Sale -$344 -1 -0% $344.89 33,442 02 Oct 2023 Direct F1
transaction MDB Class A Common Stock Sale -$413,316 -1,212 -3.62% $341.02 32,230 03 Oct 2023 Direct F2
* 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 Represents the sale of shares of Class A common stock to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable service-based vesting and settlement of restricted stock units.
F2 The transaction was pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.