W.h. Baird Garrett - 09 Dec 2021 Form 4 Insider Report for Elastic N.V. (ESTC)

Role
SVP and General Counsel
Signature
/s/ W.H. Baird Garrett
Issuer symbol
ESTC
Transactions as of
09 Dec 2021
Net transactions value
-$24,697
Form type
4
Filing time
10 Dec 2021, 16:01:01 UTC
Previous filing
03 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESTC Ordinary Shares Sale $24,697 -201 -0.42% $122.87 47,649 09 Dec 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.