JFrog Ltd — Director's Dealing 2025

Feb 14, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JFrog Ltd (FROG)
CIK: 0001800667
Period of Report: 2025-02-11

Reporting Person: Notman Tali (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-11	Ordinary Shares	A	139738	—	Acquired	722132	Direct
2025-02-11	Ordinary Shares	A	39319	—	Acquired	761451	Direct

Footnotes

F1: Represents restricted stock units (RSUs) convertible into ordinary shares upon vesting as follows: 25% of the RSUs on March 1, 2026, and the remainder vest thereafter in equal installments over the next twelve quarters beginning June 1, 2026, provided the reporting person remains a Service Provider (as defined in the 2020 Share Incentive Plan) through the Grant Date and each applicable vesting date in order to receive and vest in the applicable RSUs. Each RSU is convertible into one ordinary share.

F2: 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.