SEC Form 3 · accession 0000899243-18-026227

Elastic N.V. · ESTC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

W.H. Baird Garrett

Officer — SVP and General Counsel

Period of report

Oct 4, 2018

Accepted (ET)

Oct 4, 2018 · 5:59 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001707753

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Ordinary Shares	holding	—	—		—	40,320	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F1	$4.48	holding	—	—	—	—	Aug 2, 2025	Ordinary Shares	108,680	—	D
Employee Stock Option (right to buy)^F2	$5.46	holding	—	—	—	—	May 16, 2026	Ordinary Shares	41,000	—	D
Employee Stock Option (right to buy)^F3	$9.30	holding	—	—	—	—	Apr 25, 2027	Ordinary Shares	250,000	—	D
Employee Stock Option (right to buy)^F4	$13.07	holding	—	—	—	—	Apr 2, 2028	Ordinary Shares	80,000	—	D

Explanation of responses

F1An option to purchase 140,000 ordinary shares was granted on August 2, 2015 and was exercised in part prior to the date on which the reporting person became subject to Section 16. One-fourth of the ordinary shares subject to the option vested on July 1, 2016 and 1/48th of the ordinary shares subject to the option vest monthly thereafter.
F2An option to purchase 50,000 ordinary shares was granted on August 2, 2015 and was exercised in part prior to the date on which the reporting person became subject to Section 16. The ordinary shares subject to the option vest in 48 equal monthly installments beginning on July 1, 2017.
F3The ordinary shares subject to the option vest as follows: (i) 100,000 ordinary shares subject to the option vest in 48 equal monthly installments beginning on May 1, 2017; (ii) 75,000 ordinary shares subject to the option vest in 48 equal monthly installments beginning on May 1, 2018; and (iii) 75,000 ordinary shares subject to the option vest in 48 equal monthly installments beginning on May 1, 2019.
F4The ordinary shares subject to the option vest in 48 equal monthly installments beginning on November 1, 2019.

Remarks

Exhibit 24 - Power of Attorney Immediately prior to the completion of the Issuer's initial public offering of ordinary shares, the Issuer intends to change its corporate form from a Dutch private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) into a Dutch public limited company (naamloze vennootschap) and change its corporate name from Elastic B.V. to Elastic N.V.