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JFrog Ltd Director's Dealing 2021

Nov 18, 2021

30944_dirs_2021-11-17_ca5b9903-7bee-49cf-b056-5cec785ad8f4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JFrog Ltd (FROG)
CIK: 0001800667
Period of Report: 2021-11-15

Reporting Person: Shlomi Ben Haim (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-11-15 Ordinary Shares S 173735 $36.17 Disposed 5561323 Direct
2021-11-15 Ordinary Shares S 1265 $36.93 Disposed 5560058 Direct
2021-11-16 Ordinary Shares S 169201 $36.15 Disposed 5390857 Direct
2021-11-16 Ordinary Shares S 5799 $36.66 Disposed 5385058 Direct

Footnotes

F1: The primary reason for the stock sales is to cover tax withholding obligations in connection with the settlement of shares on November 14, 2021, due to the vesting of 529,195 restricted stock units on September 15, 2021.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.

F3: This transaction was executed in multiple trades at prices ranging from $35.87 to $36.68. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

F4: This transaction was executed in multiple trades at prices ranging from $35.57 to $36.565. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

F5: This transaction was executed in multiple trades at prices ranging from $36.57 to $36.69. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.