Rajan Rajeev Bashyam - Jun 6, 2023 Form 4 Insider Report for Atlassian Corp (TEAM)

Role
Chief Technology Officer
Signature
/s/ Veena Bhatia, Attorney-in-Fact for RAJAN RAJEEV BASHYAM
Stock symbol
TEAM
Transactions as of
Jun 6, 2023
Transactions value $
-$1,082,240
Form type
4
Date filed
6/7/2023, 05:56 PM
Previous filing
May 24, 2023
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEAM Class A Common Stock Sale -$1.08M -5.7K -5.28% $190.00 102K Jun 6, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 24, 2023.