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

Signature
/s/ Marielle Reints, by power of attorney
Stock symbol
ESTC
Transactions as of
Dec 8, 2023
Transactions value $
-$10,448,670
Form type
4
Date filed
12/12/2023, 07:41 PM
Previous filing
Jul 27, 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 +21.2K +0.46% $0.00 4.61M Dec 8, 2023 Direct F1
transaction ESTC Ordinary Shares Sale -$229K -2K -0.04% $114.97 4.61M Dec 11, 2023 Direct F2
transaction ESTC Ordinary Shares Sale -$4.51M -39.2K -0.85% $115.14 4.57M Dec 11, 2023 Direct F3
transaction ESTC Ordinary Shares Sale -$1.4M -12K -0.26% $116.26 4.56M Dec 11, 2023 Direct F4
transaction ESTC Ordinary Shares Sale -$4.31M -36.8K -0.81% $117.14 4.52M Dec 11, 2023 Direct F5
holding ESTC Ordinary Shares 3.35M Dec 8, 2023 By fund for joint account F6
* 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
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.82 to $115.81, 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 (3) through (5) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.82 to $116.80, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.84 to $117.33, inclusive.
F6 Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund.