Carolyn Herzog - Dec 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
Dec 9, 2024
Transactions value $
-$491,913
Form type
4
Date filed
12/11/2024, 04:40 PM
Previous filing
Nov 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESTC Ordinary Shares Sale -$492K -4.53K -4.92% $108.71 87.5K Dec 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 ("RSUs") and performance-based 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.