Benchmark Capital Management Co. VII, L.L.C. 4
4 · Elastic N.V. · Filed Oct 10, 2018
Insider Transaction Report
Form 4
Elastic N.V.ESTC
Transactions
- Conversion
Series B Convertible Preference Shares
2018-10-10−786,218→ 0 total(indirect: See footnote)→ Ordinary Shares (786,218 underlying) - Conversion
Series D Convertible Preference Shares
2018-10-10−61,125→ 0 total(indirect: See footnote)→ Ordinary Shares (61,125 underlying) - Conversion
Series C Convertible Preference Shares
2018-10-10−415,766→ 0 total(indirect: See footnote)→ Ordinary Shares (415,766 underlying) - Conversion
Ordinary Shares
2018-10-10+61,125→ 61,125 total(indirect: See footnote) - Conversion
Ordinary Shares
2018-10-10+11,083,407→ 11,083,407 total(indirect: See footnote) - Conversion
Series A Convertible Preference Shares
2018-10-10−9,881,423→ 0 total(indirect: See footnote)→ Ordinary Shares (9,881,423 underlying)
Footnotes (6)
- [F1]The Series A Convertible Preference Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.
- [F2]The Series B Convertible Preference Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.
- [F3]The Series C Convertible Preference Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.
- [F4]The shares are held by Benchmark Capital Partners VII, L.P. ("BCP VII"), as nominee for BCP VII, Benchmark Founders' Fund VII, L.P. ("BFF VII"), Benchmark Founders' Fund VII-B, L.P. ("BFF VII-B") and related persons. Benchmark Capital Management Co. VII, L.L.C. ("BCMC VII"), the general partner of each of BCP VII, BFF VII and BFF VII-B, may be deemed to have sole voting and investment power over such shares. Matthew R. Cohler, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Mitchell H. Lasky, Steven M. Spurlock and Eric Vishria, the managing members of BCMC VII, may be deemed to share voting and investment power over these shares beneficially held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities (except to the extent of such person's or entity's pecuniary interest in such securities).
- [F5]The Series D Convertible Preference Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.
- [F6]The shares are held by Benchmark Capital Partners VII - Annex, L.P. ("BCP - Annex"). BCMC VII, the general partner of BCP - Annex, may be deemed to have sole voting and investment power over such shares. Messrs. Cohler, Dunlevie, Fenton, Gurley, Harvey, Lasky, Spurlock and Vishria, the managing members of BCMC VII, may be deemed to share voting and investment power over these shares beneficially held by BCP - Annex. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities (except to the extent of such person's or entity's pecuniary interest in such securities).