Mark Eugene Dodds - Sep 9, 2024 Form 4 Insider Report for Elastic N.V. (ESTC)

Signature
/s/ Marielle Reints, by power of attorney
Stock symbol
ESTC
Transactions as of
Sep 9, 2024
Transactions value $
-$257,185
Form type
4
Date filed
9/10/2024, 06:29 PM
Previous filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESTC Ordinary Shares Sale -$257K -3.66K -3.44% $70.25 103K Sep 9, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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. 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.