Shay Banon - Jun 9, 2021 Form 4 Insider Report for Elastic N.V. (ESTC)

Role
CEO and Chairman, Director
Signature
/s/ W.H. Baird Garrett, by power of attorney
Stock symbol
ESTC
Transactions as of
Jun 9, 2021
Transactions value $
-$417,978
Form type
4
Date filed
6/10/2021, 06:53 PM
Next filing
Oct 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESTC Ordinary Shares Sale -$418K -3.13K -0.04% $133.45 8.47M Jun 9, 2021 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. 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.