Farquhar Scott - 03 Jan 2023 Form 4 Insider Report for Atlassian Corp (TEAM)

Role: Co-CEO, Co-Founder, Director, 10%+ Owner
Signature: /s/ Grant Reid, Attorney-in-Fact for Farquhar Scott
Issuer symbol: TEAM
Transactions as of: 03 Jan 2023
Transactions value $: $0
Form type: 4
Filing time: 03 Jan 2023, 18:18:49 UTC
Previous filing: 03 Jan 2023
Next filing: 05 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TEAM	Class A Common Stock	Conversion of derivative security		+534,068			534,068	03 Jan 2023	By Trust	F1, F2, F3

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	TEAM	Class B Common Stock	Conversion of derivative security	$0	-534,068	-1%	$0	53,089,777	03 Jan 2023	Class A Common Stock	534,068		By Trust	F2, F3
holding	TEAM	Class B Common Stock						1	03 Jan 2023	Class A Common Stock	1		Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 14, 2022.
F2	Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.
F3	Shares are held by Skip Enterprises Pty Limited as trustee for the Farquhar Family Trust.