Shulman Yakov (Jacob) 4
4 · JFrog Ltd · Filed Jul 19, 2023
Insider Transaction Report
Form 4
JFrog LtdFROG
Shulman Yakov (Jacob)
Chief Financial Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2023-07-17$15.12/sh+10,000$151,200→ 517,292 total - Exercise/Conversion
Employer Share Option (right to buy)
2023-07-17−10,000→ 342,985 totalExercise: $15.12Exp: 2030-02-03→ Ordinary Shares (10,000 underlying) - Exercise/Conversion
Ordinary Shares
2023-07-17$2.38/sh+10,000$23,800→ 507,292 total - Sale
Ordinary Shares
2023-07-17$30.00/sh−20,000$600,000→ 497,292 total - Exercise/Conversion
Employer Share Option (right to buy)
2023-07-17−10,000→ 352,985 totalExercise: $2.38Exp: 2028-07-31→ Ordinary Shares (10,000 underlying)
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2022.
- [F2]This transaction was executed in multiple trades at prices ranging from $30.00 to $30.01. 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]The shares underlying the options were fully vested on May 7, 2023.
- [F4]Approximately one-fourth of the shares subject to the option vested on January 13, 2021, and the remaining shares subject to the option vest in 12 quarterly installments thereafter.