Grabscheid Eduard sold FROG
March 4, 2024 · Form 4 insider transaction
Grabscheid Eduard sold 605 shares of JFrog Ltd. at $43.89 per share, a transaction worth $26.6K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of restricted share units, or RSUS, and does not represent a discretionary sale by the Reporting Person.; The Reporting Person previously reported certain RSUs in Table II of Form 3. The total reported in Column 5 of this Form 4 includes 1,764 ordinary shares, 57,786 RSUs previously reported in Table I and the 26,015 RSUs previously reported in Table II. The RSUs vest as follows: (i) 57,786 RSUs pursuant to which one-fourth of the RSUs vest on March 1, 2025 and the remaining RSUs vest in 12 equal quarterly installments beginning on June 1, 2025; (ii) 1,125 RSUs which vest in six equal quarterly installments beginning on June 1, 2024; (iii) 11,250 RSUs which vest in nine equal installments beginning on June 1, 2024; and (iv) 13,640 RSUs pursuant to which one-fourth of the RSUs vest on June 1, 2024 and the remaining RSUs vest in 12 equal quarterly installments beginning on September 1, 2024.