Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) Appointment of New Director
On December 15, 2021, the Board of Directors (the “Board”) of JFrog Ltd. (the “Company”) appointed Meerah Rajavel to serve on the Company’s Board as a Class III director, effective as of December 15, 2021.
Ms. Rajavel will receive the standard compensation and equity awards provided to the Company’s non-employee directors for their service pursuant to the Company’s Non-Employee Director Compensation Policy, a copy of which is filed as Exhibit 10.6 to the Company’s Registration Statement on Form S-1.
The Company will enter into its standard form of indemnification agreement with Ms. Rajavel, the form of which is filed as Exhibit 10.1 to the Company’s Registration Statement on Form S-1. Ms. Rajavel has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. There are no arrangements or understandings between Ms. Rajavel and any other persons pursuant to which she was appointed to serve on the Board of the Company.
A copy of the press release issued by the Company on December 16, 2021 announcing Ms. Rajavel’s appointment to the Board is attached hereto as Exhibit 99.1.
The information in Exhibit 99.1 attached to this Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits