Farquhar Scott - Mar 17, 2023 Form 4 Insider Report for Atlassian Corp (TEAM)

Signature
/s/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott
Stock symbol
TEAM
Transactions as of
Mar 17, 2023
Transactions value $
-$1,348,867
Form type
4
Date filed
3/21/2023, 05:56 PM
Previous filing
Mar 17, 2023
Next filing
Mar 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEAM Class A Common Stock Sale -$551K -3.49K -3.68% $158.04 91.3K Mar 17, 2023 By Trust F1, F2, F3
transaction TEAM Class A Common Stock Sale -$236K -1.5K -1.64% $157.07 89.8K Mar 17, 2023 By Trust F1, F3, F4
transaction TEAM Class A Common Stock Sale -$207K -1.34K -1.49% $154.79 88.4K Mar 17, 2023 By Trust F1, F3, F5
transaction TEAM Class A Common Stock Sale -$37.6K -237 -0.27% $158.63 88.2K Mar 17, 2023 By Trust F1, F3, F6
transaction TEAM Class A Common Stock Sale -$177K -1.15K -1.3% $153.92 87K Mar 17, 2023 By Trust F1, F3, F7
transaction TEAM Class A Common Stock Sale -$140K -900 -1.03% $155.73 86.1K Mar 17, 2023 By Trust F1, F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 14, 2022.
F2 This transaction was executed in multiple trades during the day at prices ranging from $157.54 to $158.44. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F3 Shares are held by Skip Enterprises Pty Limited as trustee for the Farquhar Family Trust.
F4 This transaction was executed in multiple trades during the day at prices ranging from $156.48 to $157.42. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F5 This transaction was executed in multiple trades during the day at prices ranging from $154.40 to $155.33. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F6 This transaction was executed in multiple trades during the day at prices ranging from $158.57 to $158.76. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F7 This transaction was executed in multiple trades during the day at prices ranging from $153.34 to $154.32. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F8 This transaction was executed in multiple trades during the day at prices ranging from $155.41 to $156.28. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.