JFrog Ltd — Director's Dealing 2020

Sep 22, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JFrog Ltd (FROG)
CIK: 0001800667
Period of Report: 2020-09-18

Reporting Person: Gemini Israel V Limited Partnership (10% Owner)
Reporting Person: Gemini Partners Investors V L.P. (10% Owner)
Reporting Person: Gemini Capital Associates V L.P. (10% Owner)
Reporting Person: Gemini Capital Associates V GP Ltd. (10% Owner)
Reporting Person: Gemini Israel Funds IV Ltd. (10% Owner)
Reporting Person: Ezra Menashe (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-18	Ordinary Shares	C	12578933	—	Acquired	12578933	Indirect
2020-09-18	Ordinary Shares	C	127060	—	Acquired	127060	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-18	Series A-1 Convertible Preferred Shares	$	C	10727945	Disposed		Ordinary Shares (10727945)	Indirect
2020-09-18	Series A-1 Convertible Preferred Shares	$	C	108363	Disposed		Ordinary Shares (108363)	Indirect
2020-09-18	Series B Convertible Preferred Shares	$	C	1850988	Disposed		Ordinary Shares (1850988)	Indirect
2020-09-18	Series B Convertible Preferred Shares	$	C	18697	Disposed		Ordinary Shares (18697)	Indirect

Footnotes

F1: The Series A-1 Convertible Preferred Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.

F2: The Series B Convertible Preferred Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.

F3: The reported securities are shares held of record by shares held of record by Gemini Israel V Limited Partnership (Gemini V). Gemini Capital Associates V LP (Gemini Associates LP) is the general partner of Gemini V and Gemini Capital Associates V GP, Ltd. (Gemini Associates GP) is the general partner of Gemini Associates LP. Yossi Sela, a director of the Issuer, and Menashe Ezra are the managing partners of Gemini Associates GP. The reporting entities and individuals disclaim beneficial ownership of the reported securities of the Issuer held of record by Gemini V except to the extent of their pecuniary interest therein.

F4: The reported securities are shares held of record by Gemini Partners Investors V L.P. (Gemini Partners). Gemini Israel Funds IV Ltd. (Gemini Israel) is the general partner of Gemini Partners. Messrs. Sela and Ezra are the managing partners of Gemini Israel. The reporting entities and individuals disclaim beneficial ownership of the reported securities of the Issuer held of record by Gemini Partners except to the extent of their pecuniary interest therein.