Elastic N.V.

Code

S

Shares

6,577

Price

$87.78

Footnotes

6

The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of restricted stock units ("RSUs") and performance-based RSUs. The sales were mandated by the Issuer]s equity incentive plan which requires the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. The price reported in Column 4 represents a weighted average sales price of $86.5511. These shares were sold in multiple transactions at prices ranging from $86.17 to $87.1278, inclusive. The reporting person undertakes to provide to Elastic N.V., any security holder of Elastic N.V., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes 2 through 5 to this Form 4. The price reported in Column 4 represents a weighted average sales price of $88.0774. These shares were sold in multiple transactions at prices ranging from $87.18 to $88.17, inclusive. The price reported in Column 4 represents a weighted average sales price of $88.2797. These shares were sold in multiple transactions at prices ranging from $88.18 to $88.455, inclusive. The price reported in Column 4 represents a weighted average sales price of $85.1560. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.5831, inclusive. Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund.