Ken Exner - Dec 8, 2023 Form 4 Insider Report for Elastic N.V. (ESTC)

Role
Chief Product Officer
Signature
/s/ Marielle Reints, by power of attorney
Stock symbol
ESTC
Transactions as of
Dec 8, 2023
Transactions value $
-$362,615
Form type
4
Date filed
12/12/2023, 07:39 PM
Previous filing
Sep 13, 2023
Next filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESTC Ordinary Shares Award $0 +29.6K +25.12% $0.00 147K Dec 8, 2023 Direct F1
transaction ESTC Ordinary Shares Sale -$363K -3.15K -2.14% $114.97 144K Dec 11, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The ordinary shares are represented by restricted stock units ("RSUs"), which vest in sixteen equal quarterly installments beginning on March 8, 2024.
F2 The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of RSUs. 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.