Dev Ittycheria - Oct 2, 2024 Form 4 Insider Report for MongoDB, Inc. (MDB)

Signature
/s/ Paul Johnston, Attorney-in-Fact
Stock symbol
MDB
Transactions as of
Oct 2, 2024
Transactions value $
-$911,223
Form type
4
Date filed
10/4/2024, 05:17 PM
Previous filing
Jul 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDB Class A Common Stock Award $0 +383 +0.17% $0.00 223K Oct 2, 2024 Direct F1
transaction MDB Class A Common Stock Sale -$510 -2 0% $255.06 223K Oct 2, 2024 Direct F2
transaction MDB Class A Common Stock Sale -$911K -3.55K -1.59% $256.25 220K Oct 2, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 March 20, 2024 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.
F2 Represents the sale of shares of Class A common stock to satisfy the Reporting Person's tax withholding obligations in connection with (i) the non-reportable service-based vesting and settlement of restricted stock units and (ii) the performance-based vesting and settlement of the above-listed RSUs.