Bharadwaj Anutthara - May 22, 2023 Form 4 Insider Report for Atlassian Corp (TEAM)

Role
President
Signature
/s/ Grant Reid, Attorney-in-Fact for BHARADWAJ ANUTTHARA
Stock symbol
TEAM
Transactions as of
May 22, 2023
Transactions value $
-$624,480
Form type
4
Date filed
5/23/2023, 04:02 PM
Previous filing
May 22, 2023
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEAM Class A Common Stock Sale -$624K -3.9K -1.86% $160.00 206K May 22, 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.