Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ESTC | Ordinary Shares | Award | $0 | +55.4K | +0.68% | $0.00 | 8.25M | Dec 8, 2022 | Direct | F1 |
transaction | ESTC | Ordinary Shares | Sale | -$109K | -2.03K | -0.02% | $53.60 | 8.25M | Dec 9, 2022 | Direct | F2 |
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. |