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: Vitus Andrew L. (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-18	Ordinary Shares	C	7843622	—	Acquired	8681413	Indirect
2020-09-18	Ordinary Shares	S	1085177	$40.92	Disposed	7596236	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-18	Series A Convertible Preferred Shares	$	C	58825	Disposed		Ordinary Shares (58825)	Indirect
2020-09-18	Series A-1 Convertible Preferred Shares	$	C	25315	Disposed		Ordinary Shares (25315)	Indirect
2020-09-18	Series C Convertible Preferred Shares	$	C	7524325	Disposed		Ordinary Shares (7524325)	Indirect
2020-09-18	Series D Convertible Preferred Shares	$	C	235157	Disposed		Ordinary Shares (235157)	Indirect

Footnotes

F1: The Series A 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 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

F3: The Series C 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.

F4: The Series D 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.

F5: The shares are held of record by Scale Venture Partners IV, L.P. (SVP IV). Scale Venture Management IV, LLC, or SVM IV, is the general partner of Scale Venture Management IV, LP, which is the general partner of SVP IV. Scale Venture Management IV LLC (SVM IV), the ultimate general partner of SVP IV, has sole voting and dispositive power with respect to the shares held by SVP IV. The reporting person is a manager of SVM IV and shares voting and dispositive power with respect to the ordinary shares held by SVP IV. The reporting person disclaims beneficial ownership of these securities except to the extent of his respective pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.