JFrog Ltd — Director's Dealing 2022

Dec 8, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JFrog Ltd (FROG)
CIK: 0001800667
Period of Report: 2022-12-05

Reporting Person: Shulman Yakov (Jacob) (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-05	Ordinary Shares	S	3344	$21.6433	Disposed	285868	Direct
2022-12-05	Ordinary Shares	S	2888	$21.6636	Disposed	282980	Direct
2022-12-06	Ordinary Shares	M	21015	$2.38	Acquired	303995	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-06	Employee Share Option (right to buy)	$2.38	M	21015	Disposed	2028-07-31	Ordinary Shares (21015)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: This transaction was executed in multiple trades at prices ranging from $21.28 to $22.43. 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.

F3: This transaction was executed in multiple trades at prices ranging from $21.3179 to $22.43. 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: One-fifth of the shares subject to the option vested on May 7, 2019, and the remaining shares subject to the option vest in four equal annual installments thereafter.