RAJAN RAJEEV BASHYAM - 06 Jun 2023 Form 4 Insider Report for Atlassian Corp (TEAM)

Role: Chief Technology Officer
Signature: /s/ Veena Bhatia, Attorney-in-Fact for RAJAN RAJEEV BASHYAM
Issuer symbol: TEAM
Transactions as of: 06 Jun 2023
Transactions value $: -$1,082,240
Form type: 4
Filing time: 07 Jun 2023, 17:56:00 UTC
Previous filing: 24 May 2023
Next filing: 22 Aug 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	Sale	-$1.08M	-5.7K	-5.28%	$190.00	102K	06 Jun 2023	Direct	F1

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 24, 2023.