Scale Venture Partners IV, L.P. 4
4 · JFrog Ltd · Filed Sep 21, 2020
Insider Transaction Report
Form 4
JFrog LtdFROG
Scale Venture Partners IV, L.P.
10% Owner
Transactions
- Conversion
Series A Convertible Preferred Shares
2020-09-18−58,825→ 0 total(indirect: See footnote)→ Ordinary Shares (58,825 underlying) - Conversion
Series C Convertible Preferred Shares
2020-09-18−7,524,325→ 0 total(indirect: See footnote)→ Ordinary Shares (7,524,325 underlying) - Conversion
Ordinary Shares
2020-09-18+7,843,622→ 8,681,413 total(indirect: See footnote) - Sale
Ordinary Shares
2020-09-18$40.92/sh−1,085,177$44,405,443→ 7,596,236 total(indirect: See footnote) - Conversion
Series A-1 Convertible Preferred Shares
2020-09-18−25,315→ 0 total(indirect: See footnote)→ Ordinary Shares (25,315 underlying) - Conversion
Series D Convertible Preferred Shares
2020-09-18−235,157→ 0 total(indirect: See footnote)→ Ordinary Shares (235,157 underlying)
Footnotes (5)
- [F1]The Series A Convertible Preferred Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.
- [F2]The Series A-1 Convertible Preferred Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.
- [F3]The Series C Convertible Preferred Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.
- [F4]The Series D Convertible Preferred Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.
- [F5]The shares are held of record by Scale Venture Partners IV, L.P. (SVP IV). Scale Venture Management IV, LLC, or SVM IV, is the general partner of Scale Venture Management IV, LP, which is the general partner of SVP IV. Scale Venture Management IV LLC (SVM IV), the ultimate general partner of SVP IV, has sole voting and dispositive power with respect to the shares held by SVP IV. Andy Vitus, Rory O'Driscoll, and Stacey Bishop, managers of SVM IV, share voting and dispositive power with respect to the shares held by SVP IV. The reporting persons disclaim beneficial ownership of these securities for purposes of Section 16 or for any other purpose.