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JFrog Ltd — Director's Dealing 2025
Feb 14, 2025
30944_dirs_2025-02-13_a43563d9-b7e1-4158-80f5-db943b8fac41.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: 2025-02-11
Reporting Person: Landman Yoav (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-11 | Ordinary Shares | A | 19659 | — | Acquired | 6551553 | Direct |
| 2025-02-13 | Ordinary Shares | S | 24652 | $37.43 | Disposed | 6526901 | Direct |
Footnotes
F1: These securities are performance-based restricted share units (PSUs). Each PSU represents a contingent right to receive one ordinary share. On February 11, 2025, the Issuer's Board of Directors and the Compensation Committee of the Issuer's Board of Directors certified
and approved that the PSUs became eligible to vest pursuant to the Reporting Person's continued service based on the Issuer's achievement of total shareholder return for 2024 greater than the median of the total shareholder return for the companies in the Issuer's 2024
compensation peer group. 25% of the PSUs will vest on March 1, 2025, after which the PSUs will continue to vest on a quarterly basis over the following 12 quarters, subject to the Reporting Person's continued service to the Issuer on each applicable vesting date.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 13, 2024.
F3: This transaction was executed in multiple trades at prices ranging from $37 to $37.88. 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.