Janesh Moorjani - Sep 11, 2023 Form 4 Insider Report for Elastic N.V. (ESTC)

Role
CFO & COO
Signature
/s/ Marielle Reints, by power of attorney
Stock symbol
ESTC
Transactions as of
Sep 11, 2023
Transactions value $
-$421,293
Form type
4
Date filed
9/13/2023, 04:55 PM
Previous filing
Jul 3, 2023
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction ESTC Ordinary Shares -Sell -$425,985 -5,473 -4.07% $77.83 129,143 Sep 11, 2023 Direct F1
transaction ESTC Ordinary Shares +Options Exercise $4,692 +359 +0.28% $13.07 129,502 Sep 11, 2023 Direct
holding ESTC Ordinary Shares 44,474 Sep 11, 2023 By trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ESTC Employee Stock Option (right to buy) -Options Exercise $0 -359 -2.8% $0.00 12,464 Sep 11, 2023 Ordinary Shares 359 $13.07 Direct F3

Explanation of Responses:

Id Content
F1 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.
F2 Held by a family trust of which the Reporting Person and his spouse serve as trustees.
F3 The ordinary shares subject to the option vest in 48 equal monthly installments beginning on November 1, 2019.