Bharadwaj Anutthara - 16 Jun 2023 Form 4 Insider Report for Atlassian Corp (TEAM)

Role
President
Signature
/s/ Veena Bhatia, Attorney-in-Fact for BHARADWAJ ANUTTHARA
Issuer symbol
TEAM
Transactions as of
16 Jun 2023
Transactions value $
-$452,306
Form type
4
Filing time
16 Jun 2023, 17:34:56 UTC
Previous filing
23 May 2023
Next filing
24 Jul 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 -$452K -2.47K -1.2% $183.12 203K 16 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.