Farquhar Scott - 06 Jun 2023 Form 4 Insider Report for Atlassian Corp (TEAM)

Role: Co-CEO, Co-Founder, Director, 10%+ Owner
Signature: /s/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott
Issuer symbol: TEAM
Transactions as of: 06 Jun 2023
Transactions value $: $0
Form type: 4
Filing time: 06 Jun 2023, 19:55:27 UTC
Previous filing: 06 Jun 2023
Next filing: 08 Jun 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		+1			1	06 Jun 2023	Direct	F1, F2
holding	TEAM	Class A Common Stock						148,710	06 Jun 2023	By Trust	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	-1	-100%	$0^*	0	06 Jun 2023	Class A Common Stock	1		Direct	F2
holding	TEAM	Class B Common Stock						52,562,051	06 Jun 2023	Class A Common Stock	52,562,051		By Trust	F2, F3

* 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 21, 2023.
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.