Shay Banon - Dec 8, 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
Dec 8, 2021
Transactions value $
-$254,828
Form type
4
Date filed
12/10/2021, 03:59 PM
Previous filing
Oct 25, 2021
Next filing
Jun 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESTC Ordinary Shares Award $0 +26.5K +0.32% $0.00 8.2M Dec 8, 2021 Direct F1
transaction ESTC Ordinary Shares Sale -$255K -2.07K -0.03% $122.87 8.19M Dec 9, 2021 Direct F2

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 Employee Stock Option (right to buy) Award $0 +52.4K $0.00 52.4K Dec 8, 2021 Ordinary Shares 52.4K $128.31 Direct F3
* 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, or RSUs, which vest in sixteen equal quarterly installments beginning on March 8, 2022.
F2 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.
F3 The ordinary shares subject to the option vest in 48 equal monthly installments beginning on January 8, 2022.