Moorjani Janesh 4
4 · Elastic N.V. · Filed Mar 13, 2024
Insider Transaction Report
Form 4
Elastic N.V.ESTC
Moorjani Janesh
Chief Financial Officer
Transactions
- Sale
Ordinary Shares
2024-03-11$103.28/sh−5,515$569,589→ 156,797 total
Holdings
- 44,474(indirect: By Trust)
Ordinary Shares
Footnotes (2)
- [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.