Moorjani Janesh 4
4 · Elastic N.V. · Filed Dec 12, 2023
Insider Transaction Report
Form 4
Elastic N.V.ESTC
Moorjani Janesh
Chief Financial Officer
Transactions
- Award
Ordinary Shares
2023-12-08+39,288→ 169,242 total - Sale
Ordinary Shares
2023-12-11$114.97/sh−6,930$796,742→ 162,312 total
Holdings
- 44,474(indirect: By Trust)
Ordinary Shares
Footnotes (4)
- [F1]The ordinary shares are represented by restricted stock units ("RSUs"), which vest in sixteen equal quarterly installments beginning on March 8, 2024.
- [F2]Includes 452 ordinary shares purchased under the Issuer's Employee Stock Purchase Plan on September 15, 2023.
- [F3]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.
- [F4]Held by a family trust of which the Reporting Person and his spouse serve as trustees.