Moorjani Janesh 4
4 · Elastic N.V. · Filed Dec 11, 2024
Insider Transaction Report
Form 4
Elastic N.V.ESTC
Moorjani Janesh
Chief Financial Officer
Transactions
- Sale
Ordinary Shares
2024-12-09$108.72/sh−8,501$924,229→ 187,049 total
Holdings
- 44,474(indirect: By Trust)
Ordinary Shares
Footnotes (3)
- [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]The price reported in Column 4 represents a weighted average sales price of $108.715. These shares were sold in multiple transactions at prices ranging from $108.71 to $108.72, inclusive. The reporting person undertakes to provide to Elastic N.V., any security holder of Elastic N.V., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
- [F3]Held by a family trust of which the Reporting Person and his spouse serve as trustees.