4//SEC Filing
Exner Ken 4
Accession 0001062993-24-012397
CIK 0001707753other
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 5:16 PM ET
Size
8.7 KB
Accession
0001062993-24-012397
Insider Transaction Report
Form 4
Elastic N.V.ESTC
Exner Ken
Chief Product Officer
Transactions
- Sale
Ordinary Shares
2024-06-10$109.90/sh−5,950$653,905→ 177,032 total - Award
Ordinary Shares
2024-06-08+15,235→ 156,855 total - Award
Ordinary Shares
2024-06-08+26,127→ 182,982 total
Footnotes (3)
- [F1]Represents ordinary shares earned with respect to an award of performance-based RSUs ("PSUs") granted on June 8, 2023, as determined based on the Issuer's achievement of specified performance goals. One-third of the PSUs vest on the determination date, and thereafter one-eighth of the remaining PSUs vest in quarterly installments beginning on September 8, 2024, contingent on the Reporting Person's continued service on such vesting date.
- [F2]The ordinary shares are represented by restricted stock units ("RSUs"), which vest in sixteen equal quarterly installments beginning on September 8, 2024.
- [F3]The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of PSUs and RSUs. The sales were 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.
Issuer
Elastic N.V.
CIK 0001707753
Entity typeother
Related Parties
1- filerCIK 0001943965
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 5:16 PM ET
- Size
- 8.7 KB