SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Ittycheria Dev

(Last) (First) (Middle)
C/O MONGODB, INC.
1633 BROADWAY, 38TH FLOOR

(Street)
NEW YORK NY 10019

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MongoDB, Inc. [ MDB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
07/02/2020
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 07/02/2020 S(1) 8,963 D $222.85 232,204 D
Class A Common Stock 07/02/2020 S(1) 192 D $224.28(2) 232,012 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $6.5 06/11/2020 J(3) V 63,855 (4) 09/12/2024 Class B Common Stock 63,855 $0 0 D
Employee Stock Option (Right to Buy) $6.5 06/11/2020 J(3) V 63,855 (4) 09/12/2024 Class A Common Stock 63,855 $0 63,855 D
Employee Stock Option (Right to Buy) $6.5 06/11/2020 J(3) V 1,074,181 (5) 09/12/2024 Class B Common Stock 1,074,181 $0 0 D
Employee Stock Option (Right to Buy) $6.5 06/11/2020 J(3) V 1,074,181 (5) 09/12/2024 Class A Common Stock 1,074,181 $0 1,074,181 D
Employee Stock Option (Right to Buy) $6.5 06/11/2020 J(3) V 200,000 (5) 09/12/2024 Class B Common Stock 200,000 $0 0 D
Employee Stock Option (Right to Buy) $6.5 06/11/2020 J(3) V 200,000 (5) 09/12/2024 Class A Common Stock 200,000 $0 200,000 D
Employee Stock Option (Right to Buy) $6.5 06/11/2020 J(3) V 750,000 (6) 04/13/2026 Class B Common Stock 750,000 $0 0 D
Employee Stock Option (Right to Buy) $6.5 06/11/2020 J(3) V 750,000 (6) 04/13/2026 Class A Common Stock 750,000 $0 750,000 D
Explanation of Responses:
1. The transaction reported represents the sale of shares of Class A common stock to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.
2. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $224.21 to $224.33, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer 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.
3. This does not represent an acquisition or a disposition. On June 11, 2020, each share of the Issuer's Class B common stock automatically converted into one share the Issuer's Class A common stock, which occurred when the outstanding Class B common stock represented less than 10% of the aggregate number of shares of the Issuer's then outstanding Class A common stock and Class B common stock, as set forth in the Issuer's amended and restated certificate of incorporation. Upon the conversion, any outstanding options that were denominated in shares of Class B common stock and issued under any of the Company's equity incentive plans, remained unchanged, except that they now represent the right to receive shares of Class A common stock.
4. 44,698 shares underlying this option are immediately exercisable, subject to a repurchase right in the Issuer's favor which lapses in accordance with the option's vesting schedule. The remaining 19,157 shares shall become exercisable in 3 substantially equal annual installments beginning on January 1, 2021, subject to the Reporting Person providing continuous service to the Issuer on each such date.
5. Immediately exercisable and fully vested.
6. All shares underlying this option are immediately exercisable, subject to a repurchase right in the Issuer's favor which lapses in accordance with the option's vesting schedule. 541,666 shares are vested. The remaining 208,334 shares shall vest in 10 substantially equal monthly installments beginning on July 13, 2020, subject to the Reporting Person providing continuous service to the Issuer on each such date.
Remarks:
/s/ Sophie Hubscher, Attorney-in-Fact 07/07/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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