Janesh Moorjani - Dec 8, 2021 Form 4 Insider Report for Elastic N.V. (ESTC)

Role: Chief Financial Officer
Signature: /s/ W.H. Baird Garrett, by power of attorney
Stock symbol: ESTC
Transactions as of: Dec 8, 2021
Transactions value $: -$106,405
Form type: 4
Date filed: 12/10/2021, 04:02 PM
Previous filing: Sep 7, 2021
Next filing: Mar 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESTC	Ordinary Shares	Award	$0	+13.3K	+33.39%	$0.00	53K	Dec 8, 2021	Direct	F1
transaction	ESTC	Ordinary Shares	Sale	-$106K	-866	-1.63%	$122.87	52.2K	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	+26.2K		$0.00	26.2K	Dec 8, 2021	Ordinary Shares	26.2K	$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.