Porter Mark 4
4 · MongoDB, Inc. · Filed Apr 5, 2023
Insider Transaction Report
Form 4
Porter Mark
Director
Transactions
- Award
Class A Common Stock
2023-04-03+2,218→ 43,846 total - Award
Class A Common Stock
2023-04-03+1,063→ 44,909 total - Sale
Class A Common Stock
2023-04-03$225.50/sh−800$180,400→ 44,109 total - Sale
Class A Common Stock
2023-04-03$226.58/sh−1,000$226,580→ 43,109 total - Sale
Class A Common Stock
2023-04-03$227.45/sh−100$22,745→ 43,009 total
Footnotes (5)
- [F1]Represents shares of Class A common stock received upon the vesting of a portion of the performance-based restricted stock units ("RSUs") awarded to the Reporting Person on March 11, 2022 under the Issuer's long-term incentive bonus plan and 2016 Equity Incentive Plan, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the RSUs, such shares were not previously reportable under Section 16. Each RSU represents the contingent right to receive one share of common stock of the Issuer.
- [F2]Represents shares of Class A common stock received upon the vesting of a portion of the performance-based RSUs awarded to the Reporting Person on April 2, 2022 under the Issuer's annual bonus plan and 2016 Equity Incentive Plan, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the RSUs, such shares were not previously reportable under Section 16. Each RSU represents the contingent right to receive one share of common stock of the Issuer.
- [F3]The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F4]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $225.06 to $225.89, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F5]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $226.34 to $226.95, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.