Mark Eugene Dodds - 07 Jun 2024 Form 4 Insider Report for Elastic N.V. (ESTC)

Role
Chief Revenue Officer
Signature
/s/ Marielle Reints, by power of attorney
Issuer symbol
ESTC
Transactions as of
07 Jun 2024
Net transactions value
-$633,648
Form type
4
Filing time
11 Jun 2024, 17:18:03 UTC
Previous filing
13 Mar 2024
Next filing
10 Sep 2024
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 $382,966 -3,457 -4% $110.78 82,498 07 Jun 2024 Direct
transaction ESTC Ordinary Shares Award $0 +26,127 +32% $0.000000 108,625 08 Jun 2024 Direct F1
transaction ESTC Ordinary Shares Sale $250,682 -2,281 -2.1% $109.90 106,344 10 Jun 2024 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 September 8, 2024.
F2 The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of RSUs. The sales were 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.