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JFrog Ltd — Director's Dealing 2022
Mar 18, 2022
30944_dirs_2022-03-18_e051daec-efef-4454-ba4c-a9a8f9f699f6.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: 2022-03-16
Reporting Person: Shulman Yakov (Jacob) (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-16 | Ordinary Shares | M | 6000 | $2.38 | Acquired | 326922 | Direct |
| 2022-03-16 | Ordinary Shares | S | 4969 | $22.8594 | Disposed | 321953 | Direct |
| 2022-03-16 | Ordinary Shares | S | 1031 | $23.3419 | Disposed | 320922 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-16 | Employee Share Option (right to buy) | $2.38 | M | 6000 | Disposed | 2028-07-31 | Ordinary Shares (6000) | Direct |
Footnotes
F1: Includes 447 Ordinary Shares acquired under the Company's 2020 Employee Share Purchase Plan (the "ESPP Plan") on August 31, 2021 and 649 Ordinary Shares acquired under the ESPP Plan on February 28, 2022.
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 $22.26 to $23.22. 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 $23.27 to $23.38. 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: 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.