Shay Banon - Jun 9, 2022 Form 4 Insider Report for Elastic N.V. (ESTC)

Role
CEO and Chairman, Director
Signature
/s/ Marielle Reints, by power of attorney
Stock symbol
ESTC
Transactions as of
Jun 9, 2022
Transactions value $
-$155,960
Form type
4
Date filed
6/13/2022, 04:36 PM
Previous filing
Dec 10, 2021
Next filing
Dec 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESTC Ordinary Shares Sale -$156K -2.06K -0.03% $75.82 8.19M Jun 9, 2022 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.