Filing Details

Accession Number:
0001062993-24-012400
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-06-11 17:18:27
Reporting Period:
2024-06-08
Accepted Time:
2024-06-11 17:18:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1707753 Elastic N.v. ESTC Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1829070 Ashutosh Kulkarni C/O Elastic N.v.
88 Kearny Street, Floor 19
San Francisco CA 94108
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares Acquisiton 2024-06-08 40,746 $0.00 405,300 No 4 A Direct
Ordinary Shares Acquisiton 2024-06-08 75,480 $0.00 480,780 No 4 A Direct
Ordinary Shares Disposition 2024-06-10 18,819 $109.90 461,961 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 S Direct
Footnotes
  1. 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.
  2. Includes 319 ordinary shares purchased under the Issuer's Employee Stock Purchase Plan on March 15, 2024.
  3. The ordinary shares are represented by restricted stock units ("RSUs"), which vest in sixteen equal quarterly installments beginning on September 8, 2024.
  4. 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.