Moorjani Janesh 4
4 · Elastic N.V. · Filed Sep 13, 2023
Insider Transaction Report
Form 4
Elastic N.V.ESTC
Moorjani Janesh
Chief Financial Officer
Transactions
- Sale
Ordinary Shares
2023-09-11$77.83/sh−5,473$425,985→ 129,143 total - Exercise/Conversion
Ordinary Shares
2023-09-11$13.07/sh+359$4,692→ 129,502 total - Exercise/Conversion
Employee Stock Option (right to buy)
2023-09-11−359→ 12,464 totalExercise: $13.07Exp: 2028-04-02→ Ordinary Shares (359 underlying)
Holdings
- 44,474(indirect: By Trust)
Ordinary Shares
Footnotes (3)
- [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.
- [F2]Held by a family trust of which the Reporting Person and his spouse serve as trustees.
- [F3]The ordinary shares subject to the option vest in 48 equal monthly installments beginning on November 1, 2019.