Moorjani Janesh 4
4 · Elastic N.V. · Filed Sep 10, 2024
Insider Transaction Report
Form 4
Elastic N.V.ESTC
Moorjani Janesh
Chief Financial Officer
Transactions
- Sale
Ordinary Shares
2024-09-09$70.25/sh−6,941$487,605→ 195,550 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 ("RSUs") and performance-based 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.
- [F2]Held by a family trust of which the Reporting Person and his spouse serve as trustees.