Jonathan Chadwick - 25 Jan 2022 Form 4 Insider Report for Elastic N.V. (ESTC)

Role: Director
Signature: /s/ Marielle Reints, by power of attorney
Issuer symbol: ESTC
Transactions as of: 25 Jan 2022
Net transactions value: -$397,914
Form type: 4
Filing time: 27 Jan 2022, 16:07:28 UTC
Previous filing: 21 Dec 2021
Next filing: 08 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESTC	Ordinary Shares	Options Exercise	$124,188	+6,250	+123%	$19.87	11,352	25 Jan 2022	Direct
transaction	ESTC	Ordinary Shares	Sale	$93,332	-1,137	-10%	$82.09	10,215	25 Jan 2022	Direct	F1, F2
transaction	ESTC	Ordinary Shares	Sale	$173,129	-2,088	-20%	$82.92	8,127	25 Jan 2022	Direct	F1, F3
transaction	ESTC	Ordinary Shares	Sale	$153,245	-1,825	-22%	$83.97	6,302	25 Jan 2022	Direct	F1, F4
transaction	ESTC	Ordinary Shares	Sale	$67,859	-800	-13%	$84.82	5,502	25 Jan 2022	Direct	F1, F5
transaction	ESTC	Ordinary Shares	Sale	$34,536	-400	-7.3%	$86.34	5,102	25 Jan 2022	Direct	F1, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ESTC	Stock Option (right to buy)	Options Exercise	$0	-6,250	-4.2%	$0.000000	143,750	25 Jan 2022	Ordinary Shares	6,250	$19.87	Direct	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 23, 2020.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.48 to $82.41, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (6) to this Form 4.
F3	The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $82.48 to $83.45, inclusive.
F4	The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $83.49 to $84.46, inclusive.
F5	The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $84.53 to $85.13, inclusive.
F6	The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $85.84 to $86.69, inclusive.
F7	The option is subject to an early exercise provision and is immediately exercisable. One-fourth of the ordinary shares subject to the option vested on August 14, 2019 and 1/48th of the ordinary shares vest monthly thereafter.