Exner Ken 4
4 · Elastic N.V. · Filed Dec 12, 2023
Insider Transaction Report
Form 4
Elastic N.V.ESTC
Exner Ken
Chief Product Officer
Transactions
- Award
Ordinary Shares
2023-12-08+29,574→ 147,303 total - Sale
Ordinary Shares
2023-12-11$114.97/sh−3,154$362,615→ 144,149 total
Footnotes (2)
- [F1]The ordinary shares are represented by restricted stock units ("RSUs"), which vest in sixteen equal quarterly installments beginning on March 8, 2024.
- [F2]The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of RSUs. 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.