Shay Banon - 09 Jun 2023 Form 4 Insider Report for Elastic N.V. (ESTC)

Role: Chief Technology Officer, Director
Signature: /s/ Marielle Reints, by power of attorney
Issuer symbol: ESTC
Transactions as of: 09 Jun 2023
Net transactions value: -$21,239,872
Form type: 4
Filing time: 13 Jun 2023, 17:08:11 UTC
Previous filing: 12 Dec 2022
Next filing: 27 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESTC	Ordinary Shares	Sale	$4,494,851	-64,346	-0.78%	$69.85	8,181,502	09 Jun 2023	Direct	F1
transaction	ESTC	Ordinary Shares	Sale	$4,614,097	-65,379	-0.8%	$70.57	8,116,123	09 Jun 2023	Direct	F2
transaction	ESTC	Ordinary Shares	Sale	$1,302,729	-18,175	-0.22%	$71.68	8,097,948	09 Jun 2023	Direct	F3
transaction	ESTC	Ordinary Shares	Sale	$152,149	-2,100	-0.03%	$72.45	8,095,848	09 Jun 2023	Direct	F4
transaction	ESTC	Ordinary Shares	Sale	$140,397	-1,994	-0.02%	$70.41	8,093,854	09 Jun 2023	Direct	F5
transaction	ESTC	Ordinary Shares	Sale	$6,226,847	-89,084	-1.1%	$69.90	8,004,770	12 Jun 2023	Direct	F6
transaction	ESTC	Ordinary Shares	Sale	$4,308,802	-60,916	-0.76%	$70.73	7,943,854	12 Jun 2023	Direct	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.18 to $70.17, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (4) and (6) and (7) to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.18 to $71.16, inclusive.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.19 to $72.18, inclusive.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.26 to $72.63, inclusive.
F5	The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of restricted stock units. This sale was mandated by the Issuer's equity incentive plan which requires the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F6	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.25 to $70.24, inclusive.
F7	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.25 to $71.10, inclusive.