Ashutosh Kulkarni - Dec 8, 2022 Form 4 Insider Report for Elastic N.V. (ESTC)

Role: Chief Executive Officer, Director
Signature: /s/ Marielle Reints, by power of attorney
Stock symbol: ESTC
Transactions as of: Dec 8, 2022
Transactions value $: -$193,984
Form type: 4
Date filed: 12/12/2022, 05:44 PM
Previous filing: Sep 13, 2022
Next filing: Mar 13, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESTC	Ordinary Shares	Award	$0	+233K	+184.48%	$0.00	359K	Dec 8, 2022	Direct	F1
transaction	ESTC	Ordinary Shares	Sale	-$194K	-3.62K	-1.01%	$53.60	355K	Dec 9, 2022	Direct	F2

Showing 1 to 2 of 2 entries

* 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, 2023.
F2	The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of RSUs. 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.