Jonathan Chadwick - Jul 26, 2021 Form 4 Insider Report for Elastic N.V. (ESTC)

Role: Director
Signature: /s/ W.H. Baird Garrett, by power of attorney
Stock symbol: ESTC
Transactions as of: Jul 26, 2021
Transactions value $: -$801,912
Form type: 4
Date filed: 7/27/2021, 05:53 PM
Previous filing: Jun 23, 2021
Next filing: Sep 21, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESTC	Ordinary Shares	Options Exercise	$124K	+6.25K	+165.39%	$19.87	10K	Jul 26, 2021	Direct
transaction	ESTC	Ordinary Shares	Sale	-$539K	-3.65K	-36.39%	$147.69	6.38K	Jul 26, 2021	Direct	F1, F2
transaction	ESTC	Ordinary Shares	Sale	-$282K	-1.9K	-29.79%	$148.61	4.48K	Jul 26, 2021	Direct	F1, F3
transaction	ESTC	Ordinary Shares	Sale	-$105K	-700	-15.63%	$149.55	3.78K	Jul 26, 2021	Direct	F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ESTC	Stock Option (right to buy)	Options Exercise	$0	-6.25K	-3.85%	$0.00	156K	Jul 26, 2021	Ordinary Shares	6.25K	$19.87	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 23, 2020.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.27 to $148.20, 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 (2) through (4) to this Form 4.
F3	The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $148.285 to $149.16, inclusive.
F4	The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $149.38 to $149.69, inclusive.
F5	The option is subject to an early exercise provision and is immediately exercisable. One-fourth of the ordinary shares subject to the option vested on August 14, 2019 and 1/48th of the ordinary shares vest monthly thereafter.