4//SEC Filing
Kulkarni Ashutosh 4
Accession 0001123292-25-000549
CIK 0001707753other
Filed
Oct 14, 8:00 PM ET
Accepted
Oct 15, 5:06 PM ET
Size
6.5 KB
Accession
0001123292-25-000549
Insider Transaction Report
Form 4
Elastic N.V.ESTC
Kulkarni Ashutosh
DirectorChief Executive Officer
Transactions
- Award
Performance Share Units
2025-10-13+456,491→ 456,491 total→ Ordinary Shares (456,491 underlying)
Footnotes (2)
- [F1]Represents an award of performance-based restricted stock units ("PSUs") issued pursuant to the Company's Amended and Restated 2012 Stock Option Plan. Each PSU represents the right to receive, at settlement, one ordinary share.
- [F2]The PSUs will vest, if at all, in four tranches as follows: 20% will vest with respect to each of the first three tranches and 40% will vest with respect to the fourth tranche. Each tranche of PSUs will vest if the Company achieves a share price goal specified for that tranche, measured from a baseline share price of $86.61, at any time during a three-year performance period ending on October 13, 2028 for the first tranche and during a five-year performance period ending on October 13, 2030 for the second, third and fourth tranches, contingent in each case on the reporting person's continuous service as the Company's chief executive officer through the date of each applicable service vesting event. The number of PSUs earned for any tranche is subject to a 20% reduction based on the relative performance of total shareholder returns as specified in the award agreement.
Issuer
Elastic N.V.
CIK 0001707753
Entity typeother
Related Parties
1- filerCIK 0001829070
Filing Metadata
- Form type
- 4
- Filed
- Oct 14, 8:00 PM ET
- Accepted
- Oct 15, 5:06 PM ET
- Size
- 6.5 KB