DWIGHT A. MERRIMAN - 04 Dec 2023 Form 4 Insider Report for MongoDB, Inc. (MDB)

Role
Director
Signature
/s/ Paul Johnston, Attorney-in-Fact
Issuer symbol
MDB
Transactions as of
04 Dec 2023
Net transactions value
-$2,623,988
Form type
4
Filing time
06 Dec 2023, 16:00:54 UTC
Previous filing
01 Dec 2023
Next filing
02 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDB Class A Common Stock Sale $380,636 -882 -0.07% $431.56 1,188,277 04 Dec 2023 Direct F1
transaction MDB Class A Common Stock Sale $133,284 -306 -0.03% $435.57 1,187,971 04 Dec 2023 Direct F1, F2
transaction MDB Class A Common Stock Sale $265,040 -606 -0.05% $437.36 1,187,365 04 Dec 2023 Direct F1, F3
transaction MDB Class A Common Stock Sale $1,581,267 -3,606 -0.3% $438.51 1,183,759 04 Dec 2023 Direct F1, F4
transaction MDB Class A Common Stock Sale $219,730 -500 -0.04% $439.46 1,183,259 04 Dec 2023 Direct F1, F5
transaction MDB Class A Common Stock Sale $44,030 -100 -0.01% $440.30 1,183,159 04 Dec 2023 Direct F1
holding MDB Class A Common Stock 530,896 04 Dec 2023 By Trust F6
holding MDB Class A Common Stock 95,000 04 Dec 2023 Dwight A. Merriman Charitable Foundation F7
* 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 transactions were 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 $435.49 to $435.65, 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 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $436.92 to $437.70, 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.
F4 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $438.09 to $439.08, 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.
F5 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $439.10 to $439.97, 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.
F6 These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children.
F7 The Dwight A. Merriman Charitable Foundation is a Delaware nonstock nonprofit corporation. The Reporting Person is deemed to have voting and investment power over the shares of MongoDB, Inc. Class A Common Stock held by the Dwight A. Merriman Charitable Foundation, but has no pecuniary interest in these shares.