Shay Banon - Jun 9, 2023 Form 4 Insider Report for Elastic N.V. (ESTC)

Signature
/s/ Marielle Reints, by power of attorney
Stock symbol
ESTC
Transactions as of
Jun 9, 2023
Transactions value $
-$21,239,872
Form type
4
Date filed
6/13/2023, 05:08 PM
Previous filing
Dec 12, 2022
Next filing
Jul 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESTC Ordinary Shares Sale -$4.49M -64.3K -0.78% $69.85 8.18M Jun 9, 2023 Direct F1
transaction ESTC Ordinary Shares Sale -$4.61M -65.4K -0.8% $70.57 8.12M Jun 9, 2023 Direct F2
transaction ESTC Ordinary Shares Sale -$1.3M -18.2K -0.22% $71.68 8.1M Jun 9, 2023 Direct F3
transaction ESTC Ordinary Shares Sale -$152K -2.1K -0.03% $72.45 8.1M Jun 9, 2023 Direct F4
transaction ESTC Ordinary Shares Sale -$140K -1.99K -0.02% $70.41 8.09M Jun 9, 2023 Direct F5
transaction ESTC Ordinary Shares Sale -$6.23M -89.1K -1.1% $69.90 8M Jun 12, 2023 Direct F6
transaction ESTC Ordinary Shares Sale -$4.31M -60.9K -0.76% $70.73 7.94M Jun 12, 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.